Ford Shifts Electric Strategy
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big electric SUVsPBS
•By building new lower-cost pickups and a commercial van, Ford seeks to shift electric vehicle strategy
71% Informative
Ford Motor Co. is shifting its electric vehicle strategy and now will focus on making two new electric pickup trucks and a new commercial van.
The company says all will cost less, have longer range and be profitable before taxes within a year of reaching showrooms.
Ford also says it won’t build fully electric three-row SUVs due to high battery costs.
Ford lost $2.46 billion on them in the first half of the year .
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