Ford Plans Affordable EV Models and Promises Profitability
The Truth About Cars
APRIL 25, 2024
Farley noted that company executives are aware of buyers’ desire for more affordable EVs, noting Ford’s recent price cuts on the Mustang Mach-E, which gave the SUV a striking sales bump. The automaker’s hybrid models are quite popular, however, driven to a large degree by its expansive fleet business.
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