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Ford Pivots Truck Production to Hybrids

Automaker plans to double hybrid F-150 manufaturing next year.

September 14, 2023
Ford Pivots Truck Production to Hybrids

Ford predicts the F-150 could become the best-selling hybrid in North America.

IMAGE: Pixabay

2 min to read


Ford plans to accelerate its pivot to gas-electric powertrains by doubling hybrid F-150 production in 2024, the automaker revealed as it debuted its 2024 F-150 lineup this week.

Ford plans to equip 20% of its top-selling model line in the U.S. with hybrid powertrains by 2024, according to Reuters. The hybrid powertrain will cost the same as a six-cylinder combustion powertrain for the 2024 model year, Ford says.

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While the automaker didn't release specific production figures, CNBC reported that the automaker will likely produce tens of thousands of additional hybrid vehicles.

Hybrid powertrains currently account for 10% of F-150 sales, Ford Blue unit Vice President Andrew Frick told Reuters.

If sales meet expectations, Ford's hybrid F-150 could rank among the top-selling gas-electric models in the U.S. Kumar Galhotra, president of Ford’s traditional “Blue” business unit, told CNBC he believes the F-150 could become the best-selling hybrid in North America, a crown historically owned by Toyota’s RAV 4 and Prius.

Toyota Tundras are also available with a hybrid system. The automaker's sales data reveals hybrid powertrains were selected for roughly 24% of 59,735 Tundra sales in the U.S. through June 30th. Ford sold six times more F-series trucks over that same period, Reuters reported.

Ford's shift toward hybrid technology differs from General Motor's all-electric strategy for its U.S. vehicle lineup, Reuters reported.

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Soft electric-vehicle sales have led the shift to hybrids. According to Reuters, industry executives claim consumers are pushing back against high-priced EVs and are worried about driving range and charging.

Hybrid truck sales could help Ford meet tougher U.S. climate emissions regulations if the demand for EVs like the F-150 Lightning pickup fall short, Reuters pointed out

Originally posted on Auto Dealer Today

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