article thumbnail

Ford reportedly eyeing India factory reopening to deliver low-cost EV plans

The Driven EV News

Ford is reportedly investigating the possibility of reopening its Chennai factory in India, with speculation it is looking to build an EV platform for local and overseas markets. The post Ford reportedly eyeing India factory reopening to deliver low-cost EV plans appeared first on The Driven.

article thumbnail

Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla

Electrek

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. The small team consisted of “some of the best EV engineers in the world,” according to Ford’s CEO Jim Farley. It will be used to launch several new software-defined electric models.

Low Cost 133
article thumbnail

Ford low-cost EV platform, hybrids; Toyota US EV plant; 2025 Porsche Taycan: Today’s Car News

Green Car Reports

And before its Gen 2 EVs have launched, Ford starts touting its Gen 3 EV project that could face Tesla and China on cost. Ford CEO Jim Farley, during the company’s Q4 2023 earnings call Tuesday afternoon, noted. The Porsche Taycan boasts better numbers all around. Toyota adds to its Kentucky EV plans.

Porsche 148
article thumbnail

Ford low-cost EV platform to compete with Tesla being designed by “skunkworks team:” CEO

Teslarati

In a recent earnings call, Ford CEO Jim Farley revealed that over the past two years, a specialized EV team from the automaker has been developing a new, modular electric vehicle platform focused on cost reduction. Amidst this change, Ford will be stepping up with its Gen 2 electric vehicles. It was a startup.

Low Cost 101
article thumbnail

USABC awards $3.5M low-cost/fast-charge battery technology development contract to Zenlabs Energy

Green Car Congress

in Fremont, California for a low-cost/fast-charge (LCFC) technology development. Zenlabs has developed proprietary silicon-based formulations that offer higher specific capacity, longer cycle life, and lower cost. The contract award, which includes a 50% cost share, funds a 24-month project that began earlier this year.

Low Cost 225
article thumbnail

Ford moves to more affordable EVs as it welcomes partners to take on low-cost Chinese rivals

Electrek

Ford is open to partnering with the competition on affordable EVS to get a leg up on Chinese EV makers. Jim Farley, Ford’s CEO, said if you cannot compete with the Chinese, “then 20% to 30%” of your revenue is at risk.

Chinese 135
article thumbnail

Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla

Baua Electric

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. The small team consisted of “some of the best EV engineers in the world,” according to Ford’s CEO Jim Farley. Ford put together a small team with “some of the best EV engineers in the world.” billion last year.