Reported about 9 hours ago
Ford is set to introduce a new line of affordable electric vehicles in 2027, starting with a midsize pickup truck priced around $30,000. The company aims to compete with cost-effective Chinese rivals, investing nearly $2 billion in its Louisville plant, which will assemble the new models. Despite challenges and losses in the EV sector, Ford CEO Jim Farley is optimistic about achieving profitability with these new offerings.
Source: YAHOO