As EV Sales Falter, Ford Hybrids Are Picking Up The Slack
The Ford Escape Hybrid, a super popular crossover, and the Maverick Hybrid, the equally popular compact pickup, are selling well and taking up some of the slack in a down EV market.
If there is one thing to notice about the automotive world lately, it is that electric vehicles (EVs) aren’t exactly setting the world on fire. Indeed, Torque News has pointed this out in several stories that examined EV sales in general. To meet the faltering demand Ford has cut the output of F-150 Lightning Pickups.
Hybrids Are Alternative To EVs
Why is this so? According to various automotive observers, many potential buyers are looking at the pricing of EVs and saying there must be an alternative to EVs, which are still too pricey for many buyers. Other observers have looked at the market, and while they agree that many EVs are too highly priced, they are also saying that buyers are just reluctant to get into a vehicle that doesn’t have an internal combustion engine (ICE) available as a backup.
Which view is correct? It is likely a combination of both points of view. Certainly, EVs are much more expensive than ICE vehicles. Almost equally, though, many potential buyers are put off by relying only on batteries to keep vehicles moving.
Ford Explorer Hybrid is so popular with police the automaker has canceled non-police deliveries.
Look at the 2023 Ford Escape Hybrid. It has emerged, says the Ford Authority, one of the critical, independent sources of Ford news, as a leading 2023 contender.