Ford Bets on Electric Cars After Announcing Closure of Brazilian Factories. The Idea Is to Sell Billions of Dollars with the New Vehicles
One of the largest multinational automotive manufacturers, Ford, is closing its factories in Brazil and is firmly betting its future on the idea of using electric cars. Ford is betting on its Mustang Mach-E to succeed where other electric cars have failed. Being an SUV, it offers plenty of space. At the end of 2020, Ford’s headquarters in Phoenix invited car buyers to check out the new electric Mustang Mach-E. The electric car manufactured by Ford Motor has recently gone on sale and is completely different from all other Mustangs released in the last 55 years.
Read Also
Automakers May Surpass Tesla in Electric Cars
Ford and other large global automakers sell billions of dollars in gasoline-powered pickups and SUVs; however, they have yet to gain traction in the electric car market, as this fast-growing segment is entirely dominated by Tesla.
However, this may change this year. Ford, Volkswagen, and other automakers have begun mobilizing their electric vehicle sales, with a greater range than the previous series of Tesla competitors. From what is known, they have not been very appealing to buyers.
-
Argentina confirms Belgian giant to lead strategic Paraná River waterway and promises to reduce logistical costs on one of South America’s most important routes
-
MBRF surprises the logistics sector by demonstrating how Artificial Intelligence can directly influence deliveries throughout Brazil by reorganizing distribution routes in seconds, optimizing fleet usage, reducing logistics costs, and speeding up product arrivals even in the face of unforeseen road incidents.
-
With deep ports and strategic railway, Espírito Santo advances to compete with Santos and attract foreign trade cargo.
-
It is now official: Correios and AliExpress join forces to speed up deliveries throughout Brazil, enhance package tracking, and strengthen the digital logistics infrastructure that supports the rapid growth of e-commerce in 2026.
Ford Closes Factories in Brazil Due to COVID-19
The closures of Ford’s factories came after the worsening of the pandemic, which was announced on the 11th of this month, specifically at the plants in Camaçari (BA), Taubaté (SP), and Troller (BH, CE).
Ford stated that the COVID-19 pandemic has increased the industry’s idle capacity, leading to its decision to close the factories after years of significant losses. Ford is not the first to close its doors in Brazil recently; in December, Mercedes-Benz also closed its factory in the country, which was responsible for producing the Classe C and GLA in Iracemápolis (SP).

Be the first to react!