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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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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 new electric pickup and SUV, starting around $25k – Charged EVs

Baua Electric

Automakers have figured this out (some a bit later than others), and are adjusting their strategies to bring more low-priced EVs to market. In February, Ford CEO Jim Farley announced that his company has been quietly working on a low-cost platform for smaller EVs for the last two years.

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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. billion last year.

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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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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Hyundai’s best-selling electric SUV, the IONIQ 5, set a new sales record last month, pushing EV sales up 100% over last year.

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BYD confirms Shark electric pickup name as Ford F-150 Lightning rival in latest teaser

Baua Electric

BYD is launching its first electric pickup soon after confirming it will go by the name “Shark” in its latest teaser, revealing a Ford F-150 Lightning look up front. It also showed the pickup’s Ford F-150 Lightning -like full-length light bar and stacked headlights. A new electric pickup is coming to global markets.

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