Ford CEO says a profitable $30,000 EV is coming in two and a half years
FFord Motor(F) CNBC·2024-06-29 04:27

An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. Farley did not release many other details about the vehicle, which is being developed by a Ford "skunkworks" team, but said its main competitors are expected to be Chinese automakers such as BYD and an anticipated entry-level ...