Ford chief working officer Jim Farley gave new particulars on timing for the corporate’s all-electric model of its F-150 pickup and the EV Transit van, telling CNBC’s “Squawk on the Street” in an interview that each automobiles would arrive “inside 24 months,” or by mid-2022. Ford beforehand had mentioned the all-electric Transit van would debut “for the 2022 mannequin 12 months” and had not given particular timing for the F-150 EV.
That timing places Ford considerably behind General Motors, which has mentioned it plans to area an electrical pickup truck from the resurrected Hummer model in late 2021. It’ll be a much less conventional truck than the F-150, nonetheless, as would the number of different electrical pickups reportedly on their means. Rivian plans to begin deliveries of its R1T battery-powered pickup, for which it’s already amassing $1,000 deposits, late this 12 months. Tesla says its Cybertruck EV pickup will attain prospects in late 2021. And EV startup Nikola has introduced it’ll start taking deposits for its personal Badger EV pickup later this month, with deliveries promised for 2021.
Both Tesla and Nikola have seen their inventory costs soar in current days, as traders seem like very enthusiastic in regards to the prospect of EV pickups. Maybe that spurred Mr. Farley to be extra forthcoming about Ford’s plans.
