Ford's three-row electric SUV would compete with a similar upcoming product from Toyota and several others in what is a popular segment in the U.S.
Ford has delayed the plans to build its next-generation EVs. Production of the electric pickup codenamed 'Project T3' has been postponed from 2025 to 2026. The three-row electric SUV, which Ford CEO Jim Farley once described as a 'personalized bullet train,' is now slated to arrive by 2027, instead of 2025. The Dearborn automaker said additional time was required to let the EV market mature.
However, the delay would extend the layoffs of some 2,700 workers. 'We value our Canadian workforce and appreciate that this delay will have an impact on the team. The company will work with Unifor to mitigate the impact the launch delay will have on its workforce at Oakville,' Ford said in the announcement. Ford said it would continue focusing on its existing line-up of gas, hybrid, PHEV and BEV line-up in the meantime, contingent on demand.
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