Ford pushes again launch timeline for plug-in hybrid Escape SUV (NYSE:F)

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There’s one other delay within the launch by Ford (NYSE:F) of its plug-in hybrid Escape SUV after hundreds of comparable SUVs in Europe have been recalled for issues involving fires whereas being recharged.

The Escape plug-in hybrid, which was initially was scheduled to enter manufacturing this previous spring, is now anticipated to launch in 2021.

“We’re shifting manufacturing to subsequent 12 months whereas we examine what occurred to the Kuga in Europe,” says spokesman Mike Levine.

Ford’s Louisville plant started constructing a redesigned model of the mannequin late final 12 months.

Ford knocked out a achieve at present after being highlighted by Deutsche Bank as an earnings play.