Ford Bets $5bn on Next-Gen EVs with 48V Architecture, Gigacastings, and Model T-Level to Match Tesla, Chinese EVs
Ford Motor Co. is committing $5 billion to its next generation of all-electric vehicles, anchored by a 48-volt electrical architecture that Tesla pioneered on the Cybertruck in 2023, the company announced Tuesday. The investment aims to achieve cost parity with gasoline vehicles by 2027, starting with a $30,000 small electric pickup truck, while dramatically reducing […]
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