Ford Maverick EV Reportedly Delayed

By

Automotive Editor

Based out of the Washington, D.C. area, Joel Patel is an automotive journalist that hails from Northern Virginia. His work has been featured on various automotive outlets, including Autoweek, Digital Trends, and Autoblog. When not writing about cars, Joel enjoys trying new foods, wrenching on his car, and watching horror movies. 

Follow On: Twitter

, Automotive Editor - February 29, 2024
2024 Ford Maverick Hybrid

With the Ford Maverick, the American automaker had a true eureka moment. Shoppers have been complaining about how large and expensive trucks have become for years and the tiny and affordable Maverick fixed both of these issues. The Maverick has been a smashing success, giving Ford the opportunity to explore an all-electric version of the pickup truck. Unfortunately, cooling demand for EVs and the highest cost of manufacturing EVs has Ford reconsidering its plans to build an electric Maverick.

Earlier this month, Autoweek reported on General Motors’ plans bring plug-in hybrid versions of the Chevrolet Silverado 1500 and GMC Sierra 1500 to market as quickly as possible. In the report, the outlet claims that Ford is delaying the launch of the all-electric Maverick “until at least the early ‘30s.” The news comes from an unnamed source who spoke to the outlet. In addition to putting the Maverick EV on hold, Ford is also delaying the launch of the electric Bronco. Just like the Maverick, the Bronco has been a huge success for Ford.

Autoweek’s source didn’t provide a specific reason for the automaker’s decision to put the electric versions of the Maverick and Bronco on hold, but we’re sure it has something to do with how much money Ford is losing on EVs. As the outlet points out, Ford’s electric Model e business lost $4.7 billion last year, which clearly outlines that Ford is spending a lot more money on EVs than it’s making.

2024 Ford Maverick Hybrid

At this point, Ford hasn’t confirmed that it’s working on all-electric Maverick yet. And with Autoweek’s report that an electric Maverick won’t come out for at least another six years, we don’t think shoppers should wait for the truck. Shoppers who are interested in getting a Maverick should consider purchasing a model now and keeping it until Ford introduces the electric model in the future.

While Ford may be putting the Maverick EV on hold, the automaker has confirmed a future all-electric pickup truck called Project T3. Ford officially announced the project last year and stated that the truck would be built at its BlueOval City facility in Tennessee. Based on statements that Ford CEO Jim Farley has made about the T3, we expect it to be closer in size to the current Ford Ranger.

Ford isn’t the only automaker that’s reconsidering future electric vehicles. Numerous automakers in the industry have dialed back plans for their upcoming EVs as demand for all-electric vehicles wanes. At the moment, shoppers are more interested in hybrids and plug-in hybrids, which tend to be more affordable than EVs. While Ford may be delaying the launch of the Maverick EV, it could be working on plug-in hybrid versions of the Maverick, Ranger, and F-150.

Pictured: 2024 Ford Maverick Hybrid

Source: Autoweek, InsideEVs

Explore the Best EV Lease Deals

, Automotive Editor

Based out of the Washington, D.C. area, Joel Patel is an automotive journalist that hails from Northern Virginia. His work has been featured on various automotive outlets, including Autoweek, Digital Trends, and Autoblog. When not writing about cars, Joel enjoys trying new foods, wrenching on his car, and watching horror movies. 

Follow On: Twitter

Privacy Terms of Use Your Privacy Choices Disclaimer Cookie Policy Manage Preferences
COPYRIGHT 1999-2024 MH Sub I, LLC dba CarsDirect.com