Ford Retires Iconic Model to Make Way for New Tesla Killer

I should have known it would happen soon.

Dearborn, Michigan, automaker, Ford (F.)- Get Free Reportis working to convert its vehicle line from internal combustion engine models to electric vehicles.Giant automaker’s F-Series internal-combustion pickup trucks are American best selling vehicle 41 years on the market and 46 years in a row the best-selling truck.

But Ford’s F-150 Lightning EV isn’t America’s best-selling electric pickup like the Rivian. (Riven)- Get Free ReportGeneral Motors to sell the most EV pickup trucks in 2022 (GM)- Get Free Reportis poised to begin sales of the new Chevrolet Silverado EV in the coming weeks, offering both a 450-mile range model and a 350-mile range model. And in the fourth quarter of 2024, Stellantis plans to enter the EV truck market with the all-electric 2025 Ram 1500 REV, the company’s first battery-electric light pickup truck to be built in the United States.

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CEO Elon Musk says Cybertruck, the company’s first all-electric truck, Delivered to consumers at the end of the third quarterprobably in late September.

Ford was the second-leading EV seller in the U.S. with three models: the F-150, Mustang Mach-E, and E-Transit electric van, but it will be overtaken by GM in the first quarter of 2023. I was. The EV maker has plans to stay in third place for a very long time as it prepares to start production of the new all-electric SUV Explorer in Europe. Converting car factory in Cologne, Germany To the Cologne Electric Vehicle Center. Ford CEO Jim Farley has hinted at the possibility of selling the car in the United States, Electrek reported.

Ford plans to produce Explorer EV

The Cologne EV plant, which opened on June 12, is Ford’s first carbon-neutral plant and is set to begin production of the Ford Explorer SUV later this year after a $2 billion investment. InsideEV reported. The SUV will be Ford’s first production all-electric passenger vehicle to be built in Europe and one of nine all-electric vehicles Ford plans to bring to continental Europe by 2024. The Explorer has a starting price of about $49,150.

Ford will begin production of the sports crossover EV at its Cologne plant in mid-2024. It will also produce Puma EV, e-Transit Courier and e-Tourneo Courier small electric vans in Romania from 2024. This EV production boost is part of Ford’s goal of selling 600,000 EVs annually in Europe by 2026. Model E division.

Ford’s favorite car retired

With the start of the conversion to EVs, Ford will say goodbye to several ICE cars in Europe and the US over the next few years. His one of his iconic ICE cars, the Ford Fiesta, debuted in Europe in 1976 and in the US in 1978, but was discontinued in the US in 1980. This vehicle returned to the US in his 2011, but was discontinued again in 2017 after being discontinued in 2017. % decrease in sales in 2016, According to The Drive.

However, the Ford Fiesta was a huge success in Europe and has been on sale since its introduction in 1976. But with the Cologne plant’s conversion to all-electric production, the last ICE Ford Fiesta will roll off the factory’s assembly line in his July. 7 and leave for retirement.

https://www.thestreet.com/electric-vehicles/ford-retires-iconic-model-to-make-way-for-its-new-tesla-killer Ford Retires Iconic Model to Make Way for New Tesla Killer