Ford has written off $1.9bn as it cancelled plans for an all-electric large SUV in the US, opting to produce a hybrid version instead in the latest sign of western carmakers struggling to make profitable electric cars.
The US carmaker said on Wednesday that it would not be able to reach a profit on the electric SUV within a year, its measure of whether a new car is viable, citing the stiff competition from Chinese manufacturers. It will initially write off the cost of $400m (£300m) in tooling for the vehicle, plus another $1.5bn (£1.15bn) in extra costs in the future.
Ford also said it would delay the successor to its F-150 Lightning electric pickup truck until 2027, after initially targeting a launch next year.
Regular. I kick myself every day for not buying the Energi (the plug-in version). At the time, I didn't have anywhere to charge it. A year later, I bought a house where I could charge it easily.
The 20 mile range would cover all of my daily driving (though it's advertised as closer to 30 or 35 i thought)
35mpg on gas, 20mi electric range. On the electric only, it's more like 16-25 depending on weather/temp, with my high score of 30mi driving like a Granny in a 25mph zone.
I tried to get my mom to buy the energi version when she was looking at the CMAX(crossover fusion), she wanted more trunk space and got the regular hybrid. 3 years later I ended up buying the energi version (used) for a third of the price she paid new.
I get 45-55 in the hybrid (mostly city / suburbs) and about 42 highway/combined (during winter it's more like 36 mpg regardless). Does the extra battery weight reduce overall MPG that much? I don't drive like an old man, lol, but I do make heavy use of regen braking.
I've been looking to either trade in for or just buy an Energi model, but the closest I can find them is about 250 miles away. Sadly, haven't seen any closer than that since I bought this one.
I absolutely love my fusion hybrid. Hoping it lasts 20 years