Ford drastically cuts workforce at F-150 Lightning EV plant amid ‘much slower’ demand
Baua Electric
MARCH 28, 2024
CEO Jim Farley revealed Ford was developing a low-cost EV platform. The new EV platform will have multiple “top hats,” enabling new electric SUVs, trucks, sedans, and vans. According to Bloomberg Businessweek , a smaller, cheaper electric pickup and SUV will be the first to launch on the platform. It starts at $73,495.
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