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Ford drastically cuts workforce at F-150 Lightning EV plant amid ‘much slower’ demand

Baua Electric

2024 Ford F-150 Flash (Source: Ford) Electrek’s Take The workforce reduction comes as Ford shifts plans from larger EVs to smaller , more affordable ones. CEO Jim Farley revealed Ford was developing a low-cost EV platform. Smaller, more affordable ones will win in the long run. It starts at $73,495. 4, and the Kia EV6.

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Update: Top 10 Electric Cars

Clean Fleet Report

The Model 3 its affordable ($35,000 as it was originally advertised, though most have sold for more), smaller model changed everything. Bolts jolts the market with 200+ miles of range and an affordable price. Tesla found the volume (after some initial stumbles) that has moved the company toward fiscal stability.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Electric vehicles are "definitely affordable and environmentally friendly technology, and we think theres a huge potential market in China for them," Li Shufu, Geelys chairman, said in an interview Monday. It would take five to 10 years before they become truly affordable for everyday folk," Mr. Zhao said.

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