Ford To Allow All US Dealers To Sell Electric Vehicles, Scraps Model E Program
Portfolio Pulse from Aaron Bry
Ford Motor Co. (NYSE:F) is allowing all U.S. dealerships to sell electric vehicles (EVs) starting July 1, discontinuing its Model e certification program. This move is expected to double the number of Ford dealers eligible to sell EVs to 2,800 and boost EV sales, which have already seen an 88% increase this year.
June 13, 2024 | 8:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ford is allowing all U.S. dealerships to sell EVs starting July 1, discontinuing its Model e certification program. This move is expected to double the number of Ford dealers eligible to sell EVs to 2,800 and boost EV sales, which have already seen an 88% increase this year.
The decision to allow all dealers to sell EVs is a significant strategic shift for Ford, expected to increase the number of eligible dealers and boost EV sales. This move aligns with Ford's broader EV strategy and recent recruitment of top talent from Rivian, Tesla, and Apple.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100