Ford appears to have severely underestimated the demand for electric vehicles (EVs). After halting pre-orders for the F-150 Lightning as demand is outpacing their production capacity, the automaker is facing a similar problem with the Mustang Mach-E.
That’s according to CEO Jim Farley, who said on Friday they can’t produce enough cars to meet the growing demand for electric SUV.
As a result, the company is tripling their Mach-E production to 200,000 units per year for North America and Europe.
In his tweet, Farley said they plan to do that by 2023.
It’s hard to produce Mustang Mach-Es fast enough to meet the incredible demand, but we are sure going to try. So starting in 2022 we are increasing production and expect to reach 200,000+ units per year for North America & Europe by 2023. That's 3x our 2021 output. ⚡️⚡️⚡️ pic.twitter.com/xSMbuHxdEN
— Jim Farley (@jimfarley98) December 10, 2021
Unfortunately, the change in plans has resulted in a delay for the electric version of the Ford Explorer and Lincoln Aviator.
According to a company memo obtained by Automotive News, Ford has notified its suppliers that electric versions of the Explorer and Aviator have been delayed until at least December 2024.