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Ford is betting on electric cars after announcing the closure of Brazilian factories. The idea is to sell billions of dollars with the new vehicles
One of the largest multinational car manufacturers, Ford, closes its factories in Brazil, and bets its future firmly on the idea of using electric cars. Ford is banking on its Mach-E Mustang to succeed where other electric cars have failed. Being an SUV, it has a lot of space. At the end of the year 2020, Ford headquarters in Phoenix, invited car buyers for the new electric car Mustang Mach-E. The electric car manufactured by Ford Motor started to be sold recently, and it is totally different from all the other Mustangs released in the last 55 years.
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Automakers may overtake Tesla in electric cars
Ford and other major automakers worldwide sell billions of dollars in gasoline-powered pickup trucks and SUVs, but they still haven't gained ground when it comes to electric cars, as the fast-growing segment of the industry is totally dominated by Tesla. .
However, that could change this year. The company Ford, Volkswagen and other automakers began to mobilize their sales of electric cars, having a greater range of displacement than the previous series of Tesla's competitors. From what is known, they were not very attractive in the eyes of buyers.
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Ford closes factories in Brazil due to covid-19
The closures of Ford factories came after the worsening of the pandemic, which was announced on the 11th of that month, more precisely at the plants in Camaçari (BA), Taubaté (SP), and Troller (BH, CE).
Ford said that the covid-19 pandemic has increased the idle capacity of the industry, and came to take such a decision to close factories after years of significant losses. Ford is not the first to close its doors in Brazil recently, in December, the company Mercedes-Benz also closed its factory in the country, which was responsible for the production of the C-Class and the GLA in Iracemápolis (SP).
