Ford’s New Three-Row Electric SUV Teased at Capital Markets Day

Cars, News I By Justin Cornelison I May 23, 2023

Ford Motor Company recently provided a glimpse into its future electric vehicle plans during its Capital Markets Day, offering exciting insights for EV enthusiasts and potential buyers. Among the highlights was a tantalizing tease of a new three-row electric SUV, which appears to be about the same size as the popular Ford Explorer model.

During the event, Ford’s Chief Officer of EVs shared some details about the upcoming electric SUV, indicating that it is slated for release in 2025 and will boast an impressive range of 350 miles. This announcement sparked considerable anticipation, as the addition of an Explorer-sized EV to Ford’s lineup could have a significant impact on the company’s sales. The three-row SUV segment is already immensely popular among consumers who prefer internal combustion vehicles, with established contenders like the Chevrolet Traverse, Toyota Highlander, Kia Telluride, and, of course, the Explorer. However, the larger EV segment remains largely untapped, with limited competition. Kia recently unveiled its EV9 SUV, set to hit the market in 2024, but Ford’s entry into this space is expected to make a substantial impact.

The concept of an electric Explorer is not entirely new, as Ford had previously confirmed its plans to introduce an electric version of the iconic SUV in 2021. This move aligns with Ford’s overarching strategy to transition from internal combustion engine (ICE) production to EV production. The company has allocated a substantial $1.5 billion investment to transform its Oakville plant in Ontario, Canada, into an EV manufacturing facility.

Ford’s decision to enter the three-row electric SUV market signifies the company’s commitment to expanding its EV portfolio and catering to a broader range of consumer preferences. By combining the practicality and spaciousness of a three-row SUV with the efficiency and environmental benefits of electric power, Ford aims to attract a new wave of environmentally conscious customers who prioritize sustainability without compromising on functionality.

While specific details about the electric three-row SUV are still limited, Ford’s reputation for innovation and dedication to quality make it a formidable contender in the EV market. Drawing from its rich heritage of producing robust and reliable vehicles, Ford is likely to incorporate advanced technological features, cutting-edge safety systems, and a superior driving experience into its forthcoming electric SUV.

Beyond the exciting prospect of a three-row EV, Ford’s Capital Markets Day shed light on the company’s broader EV plans. The event showcased Ford’s commitment to investing in EV technology, expanding charging infrastructure, and accelerating the development of electric vehicles across various segments. This ambitious approach underscores Ford’s determination to establish itself as a leader in the global EV market.

Tags:

The Guide to Road Racing: Winding Road Magazine's ultimate guide to getting your start in racing.

Table of Contents

Related Articles

Planes, Yachts, the World’s Greatest Cars, and a Nearly $100 Million Auction: All Things Luxury Flock to ModaMiami’s Highly Anticipated Second Year

ModaMiami returns on March 1-2, 2025, set to display nearly 400 of the world’s greatest cars, premium luxury brands from every facet of collecting, and…

January 29, 2025
Toyota Tacoma Named Truck of Texas

PLANO, Texas, Jan. 29, 2025 – The all-new, fourth-generation Toyota Tacoma was awarded the title Truck of Texas by the Texas Auto Writers Association (TAWA) at their 31st annual Texas Truck…

January 29, 2025
Three of Ferrari’s “Big Six” to Headline RM Sotheby’s Miami Sale This March

BLENHEIM, Canada, 15 January 2025 – RM Sotheby’s has announced the first official highlights of its Miami 2025 auction lineup. During the highly anticipated ModaMiami…

January 15, 2025
Acura Electrifies Support of Independent Artists at 2025 Sundance Film Festival

TORRANCE, Calif., Jan. 14, 2025 – Acura will bring electrifying performance to the 2025 Sundance Film Festival with the all-electric Acura ZDX as an Official Vehicle…

January 14, 2025
Lexus GX Rides High Into 2025 On and Off The Trails

One-inch suspension lift now standard on Overtrail and Overtrail+ grades Lexus Memory System and power tilt-and-telescopic steering column standard on all grades Starting MSRP of $65,285* (includes Delivery,…

December 13, 2024

EMAIL SIGN UP

Get the latest driving and racing news straight to your inbox.

no thanks

Begin typing your search above and press return to search.