LOS ANGELES (Reuters) - Ford Motor Co will be slower to build electric-powered pickups and other larger vehicles because the batteries to power them are still extremely costly, Ford CEO Alan Mulally said on Tuesday.
The second-largest U.S. automaker is now electrifying the platforms used to build compact cars and mid-size sedans, a move that allows Ford to curb costs by building electric, hybrid and gas-powered versions of the same car on a single assembly line.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
