Ford Slows EV Production: "Rapidly Deteriorating Market Conditions"
Per German news outlet Automobilewoche, Ford’s European arm is cutting EV output at its Cologne, Germany, factory.A company spokesperson cited “rapidly deteriorating market conditions for electric vehicles” that have put the brakes on Capri and Explorer production across the Atlantic.
Ford’s EV struggles continue as ‘rapidly deteriorating’ market conditions take a toll
Ford invested $2 billion to prepare the facility to produce its next-gen electric models for the European market. It currently builds two EV models, the Electric Explorer and Capri. After kicking off production of its first all-electric Explorer in June ...
Ford's plan to go all-electric in Europe by switching to EVs built on Volkswagen's MEB architecture didn't pan out, and there ...
The Enemy of Average on MSN19h
Ford’s Electric Dreams Over? German Plant Stalls With Jobs on the LineThe automotive world is in a bit of flux at the moment, with electric vehicles taking center stage. But the transition isn’t ...
With electrification goals pushed back, reviving popular discontinued ICE models appears to be a smart strategy ...
Few remember there was another luxurious Ford brand that was called Merkur, and it was only around for a short while in the 1980s. Merkur was destined to corner the European luxury market in ...
The legend is back for the first time in nearly four decades. Ford’s new Capri EV is headed to the first customers across Europe. Following the electric Explorer, the new Capri is Ford’s ...
as well as the Ford Capri, a model that European press drove for the first time just a few weeks ago. Ford invested $2 ...
Ford has announced a shift in its production strategy by relocating the battery manufacturing for the Mustang Mach-E from ...
A European regulatory committee now recommends approval of the Alzheimer’s treatment lecanemab a few months after rejecting ...
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