Monday, May 4, 2020

Ford may lose 5 BILLION dollars in the 2nd Quarter

Ford may lose 5 BILLION dollars in the 2nd QuarterFord executives have emphasized that a Lincoln BEV is still coming, and soon, despite the cancellation of the Rivian-derived vehicle. But what they are talking about is the second Lincoln BEV that has been in the works as a FMC product, building on the in-house technology first unveiled in the Mustang Mach-E. That will be a mid-sized Lincoln all-electric crossover being developed in tandem with a Ford product, and it should be arriving for probably MY2023. Ford still emphasizes that its cooperative work with Rivian continues and that a joint product might still arrive at some point in the future, but they currently emphasize more the chance to learn from Rivian in developing BEV technology than from using the Rivian skateboard for a near-term product.Mon, 04 May 2020 12:25:21 +0000

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