Lincoln’s bold plan for an electric future will include five new electric crossovers by 2026 that replace or sell alongside the brand’s current portfolio.
That’s according to sources who spoke to Reuters on condition of anonymity and added that the vehicles would supplement or take over from the Lincoln Corsair, the Nautilus, the Aviator, and the Navigator.
The strategy will be funded by the multi-billion dollar investment in EVs Ford plans to make through 2030. The Blue Oval has said it wants to build the capacity to produce 600,000 EVs globally within 24 months when it hopes to be the leading legacy American automaker in the space.
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The report follows Lincoln’s announcement that it will have a full portfolio of EVs by 2030. That will, reportedly, be good for Ford’s plant in Oakville, Ontario, where a large crossover, about the size of the Aviator, will begin production in late 2024 or early 2025 following a $1.5 billion investment in the plant.
More Lincoln EV crossovers will follow, also potentially built at the Canadian plant, starting in 2025-2026. Production plans have not, however, been finalized. Many of the smaller vehicles will be based on an improved version of the platform that underpins the Ford Mustang Mach-E, the sources said.
A larger battery-powered SUV, a companion to the big Navigator, will be based on the F-150 Lightning’s dedicated EV truck platform. It’s set to go into production in 2026.
The move may help Lincoln keep up with GM’s Cadillac, which will ditch internal combustion engines in favor of all-electric premium vehicles in the coming years. Both Ford and GM are in the midst of major investments in EVs as they want to transition to an electrified future.
