Ford shifts focus by racing Tesla to $25k compact EV: report
Teslarati
MARCH 19, 2024
Ford is planning to delay some electric vehicle plans in favor of a lineup of small, compact $25,000 EVs that could launch shortly after Tesla launches a car at the same price point, a new report says. Ford EV “skunkworks” team is led by a Tesla alumni CEO Jim Farley said, “We’re going to spend less capital on larger EVs.
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