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Ford Slows Its Push Into Electric Vehicles
  + stars: | 2024-04-04 | by ( Neal E. Boudette | ) www.nytimes.com   time to read: +1 min
Ford Motor on Thursday delayed the production of at least two new electric cars and said it would pivot to making more hybrids. Its decision was the latest sign that large automakers have been forced to rethink their strategy for electric vehicles because sales for those models are slowing. The shift by Ford and automakers like General Motors and Mercedes-Benz, which have also pushed back their electric car plans, has been prompted largely by the companies’ difficulties in making and selling enough electric cars and doing so profitably. Because they are still learning how to make the cars and their batteries at lower cost, the companies have not been able to bring out more affordable models. “That’s made it a lot tougher to sell those vehicles.”
Persons: ” Sam Abuelsamid, “ That’s Organizations: Ford, General Motors, Mercedes, Benz
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