FOCUS-Ford, GM rev up electric pickup trucks to head off Tesla [Reuters (UK)]
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Source: Reuters
Ford, GM rev up electric pickup trucks to head off Tesla - Reuters 6 Min Read DETROIT (Reuters) - Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century - with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back. Now, Ford and GM are racing to design radical new takes on their most profitable models, replacing petroleum-fueled engines with batteries in a bid to outflank Tesla Inc’s plan to eclipse their brands. Ford’s F-150 pickup and GM’s Chevrolet Silverado are the top selling vehicles in the U.S. market. “This is going to be a real watershed for the whole industry,” Ford Chairman Bill Ford told Reuters in a recent interview. The automaker has disclosed few details about the electric F-series, but Bill Ford hinted the truck could have load-carrying space under the hood in addition to the traditional bed in the back. “You pick up all that extra space where the engine
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