Ford, GM, and Stellantis Are in a Position to Ramp Up EV Output
The future of the EV pickup segment has begun. At least four from Detroit and 6 others will determine the impact on the auto industry. Some will be building pickups for the first time, others will be building truck factories for the first time while the Ford Motor Co., General Motors, and Stellantis NV not only have a long history of building and tooling factories, they have some empty or at reduced capacities.
“A distinct advantage of the incumbent automakers is their installed capacity and their ability to pivot that to building something new,” said Gartner Inc. analyst Michael Ramsay. “It’s not only an advantage, it might be the advantage.”