Ford Launches New Benefits Program To Address 'Change Anxiety' Amid Slowdown In EV Sales
Portfolio Pulse from Benzinga Neuro
Ford Motor Co. has launched the 'Ford Power Promise' program to boost EV sales by addressing 'change anxiety' among customers. The program offers benefits like free home-charging installation and aims to educate new EV owners.
September 30, 2024 | 12:32 pm
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Ford's new 'Ford Power Promise' program aims to increase EV sales by addressing customer concerns with benefits like free home-charging installation. This initiative could boost Ford's EV market share and sales.
The 'Ford Power Promise' program directly targets customer concerns about transitioning to EVs, which could lead to increased sales. The initiative includes attractive benefits like free home-charging installation, which may enhance customer satisfaction and drive sales growth. Ford's recent 29% increase in EV sales and the predicted growth in the EV market further support a positive short-term impact on Ford's stock.
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