3 ms·

>Ford, along with its rivals, are scrambling to upgrade existing facilities and build new ones as they shift from internal combustion engine vehicles to EVs. Fo

by 1970-01-01 4y ago

>Ford, along with its rivals, are scrambling to upgrade existing facilities and build new ones as they shift from internal combustion engine vehicles to EVs. Ford has said it wants the production capacity to sell 2 million EVs a year globally by the end of 2026. Tesla is expected to exceed Ford's 2026 milestone this year. It's safe to assume Ford is 3 years behind Tesla, and won't be able to catch them before the 2035 EV mandates.

josefresco 4y ago
> It's safe to assume Ford is 3 years behind Tesla How is this safe to assume?
- 1970-01-01 4y ago
  Ford has the numbers Tesla did in 2020.
  - josefresco 4y ago
    Pace of growth is what's important now. I'll look for the numbers but I would guess that Ford is reaching early milestones quicker than Tesla. Not a knock on Tesla, just that it's a different market now.
    - supergeek 4y ago
      Their own target for 2026 production capacity is 2 million EVs, actual production at that capacity will then be 2027. Tesla's current 2023 capacity is about 2 million EVs per year.
      - josefresco 4y ago
        Tesla shipped 161,630 first quarter 2K3 so is the capacity there but not the sales?
laweijfmvo 4y ago
> According to Ford’s press release, the American automaker sold a total of 10,866 electric vehicles in the first quarter of 2023, up 41% year over year (YOY). https://electrek.co/2023/04/04/ford-slips-below-gm-for-2-in-us-ev-sales-for-the-first-quarter/ https://electrek.co/2023/04/04/ford-slips-below-gm-for-2-in-... > Previously, Tesla said that it had delivered around 88,400 vehicles in the first quarter of 2020 https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.... and just for reference, this year: > Sales of new Tesla electric vehicles rose for the first quarter of 2023, according to sales and production figures released by the EV maker on Sunday. For the three months between the start of the year and the end of March, Tesla delivered 422,875 EVs https://arstechnica.com/cars/2023/04/tesla-built-more-cars-than-it-could-sell-in-q1-2023/ https://arstechnica.com/cars/2023/04/tesla-built-more-cars-t...

josefresco 4y ago

> It's safe to assume Ford is 3 years behind Tesla How is this safe to assume?

1970-01-01 4y ago
Ford has the numbers Tesla did in 2020.
- josefresco 4y ago
  Pace of growth is what's important now. I'll look for the numbers but I would guess that Ford is reaching early milestones quicker than Tesla. Not a knock on Tesla, just that it's a different market now.
  - supergeek 4y ago
    Their own target for 2026 production capacity is 2 million EVs, actual production at that capacity will then be 2027. Tesla's current 2023 capacity is about 2 million EVs per year.
    - josefresco 4y ago
      Tesla shipped 161,630 first quarter 2K3 so is the capacity there but not the sales?

laweijfmvo 4y ago

> According to Ford’s press release, the American automaker sold a total of 10,866 electric vehicles in the first quarter of 2023, up 41% year over year (YOY). https://electrek.co/2023/04/04/ford-slips-below-gm-for-2-in-us-ev-sales-for-the-first-quarter/ https://electrek.co/2023/04/04/ford-slips-below-gm-for-2-in-... > Previously, Tesla said that it had delivered around 88,400 vehicles in the first quarter of 2020 https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.... and just for reference, this year: > Sales of new Tesla electric vehicles rose for the first quarter of 2023, according to sales and production figures released by the EV maker on Sunday. For the three months between the start of the year and the end of March, Tesla delivered 422,875 EVs https://arstechnica.com/cars/2023/04/tesla-built-more-cars-than-it-could-sell-in-q1-2023/ https://arstechnica.com/cars/2023/04/tesla-built-more-cars-t...