DETROIT—On Sunday, Ford kicked off the start of the North American International Auto Show with a trio of new models. The event was in contrast to the company’s appearance at CES; that was a forward-looking affair with a vision of the future; Detroit rather was all about real vehicles available soon. There was a new midsize truck with the return of the Ranger. The Edge SUV gets a performance variant. And to celebrate the 50th anniversary of one of the best car chases of all time, there’s a special Mustang.
But those hoping to for hybridization or an all-electric Ford will have to be patient. Although the company announced it would increase its investment in battery electric vehicles to $11 billion, it is lagging behind rivals; neither the hybrid F-150 truck nor the Mach-1—a performance battery electric vehicle, possibly derived from the Mustang—will be ready until 2020.