#ford

#ford

After unveiling plans for a $30,000 electric truck, senior Ford executives told journalists it was the perfect launchpad for their new EV program. Trucks, they argued, make it easier to integrate certain features-even if those features aren't used every day. But the EV market doesn't follow the same rules as gas vehicles. Growth has been driven by crossovers and Ford isn't ignoring that segment.

The $5.8 billion Glendale site currently employs about 1,450 workers and could grow to 5,000 if it reaches full capacity. Its inauguration has come after reaping benefits from the Biden administration's pro-climate policies, mainly the Inflation Reduction Act (IRA). In December 2024, the U.S. Department of Energy awarded BlueOval SK a record $9.3 billion loan to build three battery plants: two in Kentucky and one in Tennessee. At the time, the DOE said the projects would support 5,000 construction jobs and create up to 7,500 operations jobs.

Ford's new affordable electric pickup prioritizes affordability by focusing on the basics, rather than features like a massive battery that would increase its price.

Ford's application for the Ranchero nameplate indicates plans for a new electric pickup, potentially reminiscent of its historical two-door car with a bed.

Ford has installed more than 10,000 chargers across 50 states as part of its initiative to provide complimentary home chargers with new EV purchases.

"We believe working together in person on a day-to-day basis will help accelerate Ford's transformation into a higher growth, higher margin, less cyclical and more dynamic company."

"To whoever said if you flip Ford's logo around it says brat, thank you. I cannot unsee it," Hailey wrote on the video.

Impacted drivers may experience an increase in pedal travel, meaning the pedal would need to be pressed harder to apply the brakes.

The markets are stuck in the doldrums this week as they await the Federal Reserve's decision on interest rates and greater clarity on international trade deals.

The vehicle is doing very well right now. We actually have a very low day-supply of the vehicle itself.