"Ford's CEO Jim Farley announced plans for an all-electric, affordable vehicle to compete with Tesla's Model Y and Model 3, emphasizing a commitment to hybrids and EREVs."
"The Universal Electric Vehicle platform will support multiple models, with the first being a mid-size pickup expected to launch next year at a price point of around $30,000."
Ford is developing an affordable electric vehicle lineup to rival Tesla's Model Y and Model 3, as stated by CEO Jim Farley. The company aims to produce hybrids, extended-range EVs, and affordable electric models. Although details are limited, the new vehicles will be based on the Universal Electric Vehicle platform. Ford has previously scaled back its EV programs, including the cancellation of the F-150 Lightning. The first model from this platform is expected to be a mid-size pickup priced around $30,000, debuting next year.
Read at insideevs.com
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