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The primary car that can be constructed on the low-cost EV platform Ford’s been growing in secret can be a mid-size pickup due out in 2027, the automaker introduced Wednesday morning.
The information comes as a part of a a lot bigger rewriting of Ford’s electrification plans. The corporate is abandoning a plan to make an all-electric three-row SUV, opting as an alternative to energy these forthcoming automobiles with hybrid powertrains. A next-generation full-size electrical pickup — the followup to the F-150 Lightning codenamed “T3” — is now anticipated to launch in 2027, not 2025. These adjustments could value Ford as a lot as $1.9 billion, the corporate mentioned Wednesday.
Ford will not be the one firm making an attempt to drive down the entry-level value of its EVs. However the determination to construct a pickup truck on the low-cost EV platform units Ford as much as differentiate itself from market-leader Tesla, which is focusing extra on growing Elon Musk’s long-promised “robotaxi” in addition to stripped-down variations of its Mannequin Y SUV and Mannequin 3 sedan.
CEO Jim Farley first revealed the existence of the “skunkworks” workforce constructing the low-cost platform in February. It’s headed up by by former Tesla exec Alan Clarke, with a most important workplace in Irvine, California. The challenge bought a enhance of expertise in late 2023 when Ford acquired EV charging startup Auto Motive Energy. However the automaker has since stuffed out the workforce of round 300 with dozens of staff from Rivian, Tesla, and even round 10 from the recently-disbanded electrical/autonomous car workforce inside Apple, as TechCrunch first reported in June.
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