Ford electric car production target postponed, material shortage and production cost issues still exist- Hong Kong unwire.hk

2023-07-29 07:41:15

Under the wave of electric vehicles, traditional car manufacturers are eager to launch electric vehicle products, but it seems that it is not easy to achieve the initial goal. Ford recently stated that it originally aimed to produce 600,000 electric vehicles in 2023, but this goal will be delayed by one year.

According to reports, Ford originally estimated that it would be delayed to achieve the annual production target of 600,000 electric vehicles in 2023. The current target is to reach this production level in 2024. Among them, lithium iron phosphate battery technology is expected to reduce production costs and reduce To reduce reliance on materials that are in short supply, such as nickel. Jim Farley, president of Ford, explained that the popularity of electric vehicles will be slightly slower than expected in the near future, but electric vehicle customers have high brand loyalty, and they will have an advantage as the first movers.

Ford’s small truck F-150 series in the United States has always been the sales champion. Its electric vehicle version F-150 Lightning also suspended reservations due to short supply. Later, due to increased production capacity, the reservation was resumed and the price was reduced. In addition to Ford’s goal of producing 600,000 electric vehicles per year in 2024, it also expects to reach an annual production of 2 million units in 2026, but it remains to be seen how that will actually happen.

source:Washington Post

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