Ford Motor Co is going to extensively electrify its Lincoln brand in North America. It will prepare to introduce at least five new battery-powered Lincoln sport utility vehicles through 2026.
The models that include battery-electric ones which will replace or supplement the Lincoln Corsair, Nautilus, Aviator, and Navigator, said the sources.
Lincoln is a key element of Ford’s planned $30 billion investment in EVs for the strategy to electrify. Also, the batteries are through 2030. Moreover, Ford announced the $30 billion initiative in May 2021. Therefore, Lincoln then had prior planned to have EVs across its lineup by 2030.
Also, building at least 600,000 electric vehicles globally, Ford said it will have the annual capacity. It would be within the next 24 months. Actually, the aim is to become “the clear No. 2 electric maker in North America” which is behind Tesla Inc.
The Lincoln spokeswoman Anika Salceda-Wycoco, on Thursday, said it was “too early to talk about particular details around future vehicle production plans.”
In fact, the first of the new Lincoln EVs is a large crossover that is about the size of the Aviator. This vehicle is slating to begin production in late 2024. Or early 2025 at Ford’s Oakville, Ontario, plant, as part of a $1.5 billion changeover. Also, from there to a combustion engine to battery electric vehicles. Two of the sources have said, citing the automaker’s plans shared with suppliers.
Also, there are several more Lincoln EV crossovers. This does include potential replacements for the compact Corsair and the midsize Nautilus. It could be built in Oakville in 2025-2026. There are two sources that do cite internal planning documents. The production plans for those models have not been finalizing then.
In fact, Ford has had plans to transform the Lincoln brand in North America in what is primarily an electric family of premium utility vehicles parallels an effort at General Motors. This is where the Cadillac brand had, in fact, embarked on a similar makeover, starting this year with the midsize Lyriq electric crossover.