Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off
Baua Electric
JUNE 3, 2024
Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.” For example, the F-150 Lightning battery could cost “$30,000 to $40,000.”
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