Ford is canceling its electric three-row SUV and delaying the launch of a new electric pickup truck until 2027. The Expedition-like SUV had already been delayed to 2027; with its cancellation, the company will now pivot to making new gas and hybrid-powered three-row SUVs.
Ford now says it won’t release any new electric vehicles until it can ensure profitability on the models within the first year of launch and prioritize a new commercial EV van that will begin production in Ohio in 2026.
Ford has struggled to bring its spending on EV production in line with the revenue brought in by its vehicle lineup, which includes the Mustang Mach-E, F-150 Lightning, and E-Transit van. The company reported a $1.3 billion loss for its Model e EV…