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Ford may be killing the Escape, replacing it with electric cars

b96vodrtdrt by b96vodrtdrt
September 3, 2023
in Business
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Ford may be killing the Escape, replacing it with electric cars
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The Ford Escape has been on the market since 2000, but is now at risk of disappearing to make way for new electric car models - Photo: Ford

The Ford Escape has been on the market since 2000, but is now at risk of disappearing to make way for new electric car models – Photo: Ford

According to a reputable source in North America, automotive newsFord is preparing to discontinue the Escape name line. The above newspaper has confirmed that production of Ford’s flagship SUV models will cease in 2025 – the time when the life cycle of the current generation will end. The car’s replacement will be a new electric SUV model in the same segment and size.

When asked about the issue, a Ford spokesperson said, “The Escape remains an important part of the Ford lineup” and that they are “satisfied with vehicle sales”. In fact, the company has just majorly updated the Escape in October 2022, so the car will definitely be able to maintain steady sales over the next 3 years.

However, the fact that the car has no descendants has been revealed before, when internal sources confirmed that the development of the new generation has not been implemented.

Ford Escape sales in North America, although still at good levels, have been declining in recent times. In the second quarter of 2023, the company sold only 64,839 Escape cars, 12.3% less than the same period last year (73,920 cars).

Ford is accelerating the pace of development and launching electric vehicles when it realizes that this playground is yielding good results for the company, as shown through the pioneering Mustang Mach-E or the F-150 Lightning. Has been - Photo: Ford

Ford is accelerating the pace of development and launching electric vehicles when it realizes that this playground is yielding good results for the company, as shown through the pioneering Mustang Mach-E or the F-150 Lightning. Has been – Photo: Ford

As far as Ford’s successor models go, it could be one of those named lines that will use the second-generation electric vehicle chassis being prepared by the company. Use of this chassis began in the latter half of the decade, with complexity and production costs promising to be significantly lower than current ones.

Confirmed vehicle models using the new chassis include a large pickup truck and a 3-row SUV. Expanding the electric vehicle lineup will help the company become less dependent on internal combustion engine vehicles. However, the Blue Oval is suffering huge losses due to this transition period. The company admitted to “burning” US$4.5 billion more than projected in 2023.

Unlike the situation with the Ford Escape, the Explorer’s future is assured. There is also a pure electric version of this name line launched in Europe, although in fact the car does not technically belong to the engine version.

(TagstoTranslate)Ford

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