Correct.
Not a big deal for a passenger car to have a low mounted canister, but on a utility vehicle that might go off-road, or even stay parked on an incline for extended periods, the chance of liquid fuel getting up into the low mounted charcoal canister was pretty high.
So Ford came up with the condensing tank up inside the cab where it could be mounted high up and collect both liquid gas if it was able to get up that high, and even condense some of the vapors and return them to the gas tank. Rather than have all the vapors just collect in the charcoal canister and then get used inside the engine later when it’s running.
At least that’s the way I understood the system to have been originally been designed.
By the late 70s, all sorts of safety regulations were taking place, along with emissions regulations.
One mandate was the fuel be eliminated from inside the cabins of the vehicles. Probably starting in the 77 or 78 model year.
I think lighter duty vehicles had to meet those standards in 77 and heavier trucks got to wait till 78.
So sometime in 76 Ford got rid of the condensing tank inside Broncos and went to what we know as a more modern charcoal canister mounted up high.
In mid 77 the pick up trucks changed drastically and got rid of all the gas tanks that were still behind the seat in the cab.