Ford's Affordable 'Skunkworks' EV: Everything We Know
Briefly

Ford's EV program is not yielding desired profits. CEO Jim Farley is concerned about China's lead in the EV space, pushing Ford to focus on smaller, affordable models for global competition.
A new 'skunkworks' team at Ford is working on low-cost EVs like a small truck and compact crossover. The team includes talent from Tesla, Rivian, and Lucid, aiming for cost-effective solutions.
Ford's strategy involves limiting battery sizes to reduce costs. Unlike previous models, the focus is on volume and affordability over large batteries. Price sensitivity and cost-efficient operations are key.
Read at InsideEVs
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