Ford Delays Launch of Electric SUVs in Canada, Pivots to Hybrids

💡Ford is delaying the launch of its three-row electric SUVs in Canada by two years due to overinvestment and slow ramp-up to line speed.

🚘Ford plans to pivot to hybrids and offer hybrid powertrains across its entire lineup by the end of the decade.

📉Tesla is offering big price discounts to sell off excess inventory of unsold cars.

🌍Tesla will start making cars in Germany with right-hand steering for export to India.

🔋Sales of EVs in India are growing rapidly, with a 66% increase in the first quarter of last year.

Why is Ford delaying the launch of its electric SUVs in Canada?

—Ford is delaying the launch of its electric SUVs in Canada due to overinvestment and the need for a slow ramp-up to line speed.

What is Ford's plan in the meantime?

—In the meantime, Ford plans to pivot to hybrids and offer hybrid powertrains across its entire lineup by the end of the decade.

Why is Tesla offering big price discounts?

—Tesla is offering big price discounts to sell off excess inventory of unsold cars.

Where will Tesla start making cars with right-hand steering?

—Tesla will start making cars with right-hand steering in Germany for export to India.

What is the growth trend of EV sales in India?

—Sales of EVs in India are growing rapidly, with a 66% increase in the first quarter of last year.

00:08Ford is delaying the launch of its three-row electric SUVs in Canada by two years due to overinvestment and slow ramp-up to line speed.

00:38Ford plans to pivot to hybrids and offer hybrid powertrains across its entire lineup by the end of the decade.

01:00Tesla is offering big price discounts to sell off excess inventory of unsold cars.

01:46Tesla will start making cars in Germany with right-hand steering for export to India.

02:38Sales of EVs in India are growing rapidly, with a 66% increase in the first quarter of last year.