Ford has parked plans for the Puma Gen-E electric city SUV in Australia amid sharp price cuts from rivals that would likely make it too expensive to be competitive.
Electric Cars
Ford has shelved plans to sell a pint-sized electric car in Australia – the Ford Puma Gen-E – amid aggressive price cuts and growing competition from Chinese brands.
The boss of Ford Australia assured media the Gen-E – then yet to be named – would be "an important play for us" and "the right investment".
However – alongside the overnight unveiling of the Puma Gen-E in Europe – Ford has confirmed the electric SUV will not come to Australia after all, citing "an extensive review of the current dynamics of the new-car market."
Price cuts from Tesla and Chinese brands mean the most affordable electric cars on sale now command similar prices to the petrol Puma, at about $35,000.
In the UK, the Puma Gen-E costs about 15 per cent more than an equivalent petrol version.
But there is no guarantee it would be that affordable in Australia – and electric versions of other small cars can command a premium of $10,000 or more over their petrol-fuelled counterparts.
Ford has cut prices of its larger electric Mustang Mach-E twice in the past 12 months – by up to $15,000, now starting from $64,990 – but it has still only reported 600 as sold so far this year, compared to 19,000 Tesla Model Ys.
Ford Australia marketing director Ambrose Henderson said in a media statement this morning:
"Since we announced that the Puma Gen-E would join the Ford Australia line-up in early 2023, the EV market, in particular for small SUVs, has changed significantly.
"There are many factors that influence whether a vehicle’s business case stacks up – such as economic trends, material costs, consumer incentives and global supply chain – and after weighing these up, we took the call that we were better to focus our electrified lineup on other models."
The Puma Gen-E unveiled overnight will be priced from £29,995 ($AU58,000) in the UK – £3645 ($AU7000) more than an equivalent petrol version, and on par with a mid-grade MG 4, which would cost about $45,000 locally before special offers.
Its styling draws inspiration from the Mustang Mach-E, with a similar closed-off 'grille' and lower front bumper treatment, plus aerodynamically-optimised 17-, 18- or 19-inch alloy wheels.
Ford's smallest EV in Europe uses a 124kW/290Nm electric motor fed by a 43kWh nickel-manganese-cobalt battery pack.
It is rated for up to 376km of driving range in European WLTP testing – or 523km of claimed 'city range' – as well as a claimed 0-100km/h acceleration time of eight seconds, not far off the Puma ST sports variant (7.4sec).
It can DC fast charge at up to 100kW for a claimed 10 to 80 per cent recharge in 23 minutes, with 10 minutes of charging said to add 124km of range.
A unique centre console – due to the lack of a traditional gear shifter, which instead moves to a steering column stalk, plus no more old-school handbrake lever – means the Gen-E is claimed to offer more storage space and a better-positioned armrest than the petrol version.
The 12-inch infotainment touchscreen and 12.8-inch instrument display introduced with the updated petrol Puma carry over to the electric model, with wireless Apple CarPlay and Android Auto.
One-pedal drive modes are also available, as well as a full suite of advanced safety technology.
The 'MegaBox' under-floor storage space in the petrol Puma has been expanded to become the 'GigaBox' in the Gen-E, with Ford claiming 574 litres of total boot space with this compartment included – plus a 43L under-bonnet storage area.
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Alex Misoyannis has been writing about cars since 2017, when he started his own website, Redline. He contributed for Drive in 2018, before joining CarAdvice in 2019, becoming a regular contributing journalist within the news team in 2020. Cars have played a central role throughout Alex’s life, from flicking through car magazines at a young age, to growing up around performance vehicles in a car-loving family.