Those plans include a combination of new and redesigned electric, gasoline and hybrid models slated for production through the middle of the decade.
Along with the Explorer EV, Ford will offer an electric Lincoln Aviator, also in 2023. Both vehicles will be distinct from the standard versions and be built in Mexico.
The company’s large SUVs, the Expedition and Lincoln Navigator, will get hybrid variants within a few years as part of expected redesigns. Hybrid powertrains are also expected on popular models including the Ranger, Mustang and Ford’s Bronco family of utilities.
The Explorer and Aviator will sit on a new rear-wheel-drive and all-wheel-drive EV platform, one of two new dedicated EV architectures Ford announced in May. The other is for full-size pickups.
After the middle part of the decade, Ford could add battery-powered versions of its Bronco SUV or Ranger midsize pickup — two possibilities it hinted at in May and which would align with its focus on electrifying strong-selling, established vehicles.
“The primary advantage we have right now is the strength of our product portfolio,” Farley said last month on an earnings call. “And it’s about to get a lot stronger.”