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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.

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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.

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Ford's Developing A Cheap EV Platform To Fend Off Tesla And Chinese EVs

InsideEVs

A small "skunkworks" team within Ford has been working on a low-cost EV platform for two years, Ford CEO Jim Farley said on Tuesday.

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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.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Ford learned “pretty quickly to bet on a smaller EV platform.”

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Renault and VW may partner on low-cost BEV minicar

Baua Electric

To stay in the game, Renault is among the European automakers rushing to produce EVs that are at a similar price point to ICE vehicles – to avoid losing out to Chinese rivals that have Europe in their sites with low-cost EVs – BYD’s vehicles are arriving by the shipload. Get started here.

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by up to $8,100 in February with new finance and lease incentives. Ford’s Model e electric vehicle unit lost $4.7