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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Ford hasn’t had the best luck with profitability on its electric vehicle business, but the automaker is not shying away from aiming at the cheaper end of the EV spectrum. The automaker’s hybrid models are quite popular, however, driven to a large degree by its expansive fleet business.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. However, the threat of China flooding the market with cheap electric models is too frightening to ignore. All automakers in the U.S.

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Tesla Model Y leads Europe’s D-SUV segment in 1H22

Teslarati

The Model Y certainly seems to be having a lot of momentum, with the vehicle recently topping Europe’s D-SUV segment in the first half of 2022. Europe’s D-SUV segment is competitive, with established players like the BMW X3 and the Mercedes-Benz GLC being mainstays. Credit: JATO. It’s not just the Model Y, either. Credit: JATO.

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LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

Teslarati

16:50 CT – With the meeting concluded, we’d like to thank you once more for staying with us for this live blog. Elon Musk notes that Tesla will roll out Plaid Mode for its flagship SUV. Musk reiterated that Optimus will use the same FSD system as the company’s electric vehicles. Until the next time!

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Ford is Offering a Zero-Percent Interest Rate for Mach-E Loans

The Truth About Cars

Ford cut Mustang Mach-E pricing earlier this year, achieving its intended result of boosting demand for the electric SUV. Now, the automaker is offering a zero-percent APR for qualified customers, making the vehicle even more affordable. That said, Ford’s EV business hasn’t done it many favors in recent times.

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Chevy Equinox EV Outlined in China Trade Ministry Documents

The Truth About Cars

Expected to land with a price tag of $30,000, the SUV could be the start of a new wave of affordable electric models, and we’re getting our first official look at the vehicle thanks to InsideEVs ’ digging on China’s Ministry of Industry and Information Technology (MIIT)& site.

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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers. One factor that is coming into clear focus is pricing, as Ford recently found out with the Mustang Mach-E.

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