By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
World of SoftwareWorld of SoftwareWorld of Software
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Search
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
Reading: Ford to reveal more about its new low-cost electric vehicles on August 11 | News
Share
Sign In
Notification Show More
Font ResizerAa
World of SoftwareWorld of Software
Font ResizerAa
  • Software
  • Mobile
  • Computing
  • Gadget
  • Gaming
  • Videos
Search
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Have an existing account? Sign In
Follow US
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
World of Software > News > Ford to reveal more about its new low-cost electric vehicles on August 11 | News
News

Ford to reveal more about its new low-cost electric vehicles on August 11 | News

News Room
Last updated: 2025/07/31 at 10:25 AM
News Room Published 31 July 2025
Share
SHARE

Ford is set to reveal more information about its upcoming low-cost electric vehicles at an event in Kentucky on August 11. And the company is talking a very big game: CEO Jim Farley said Wednesday that the announcement is “a Model T moment” for Ford.

Farley made the comments after Ford revealed its electric vehicle division posted a loss of around $1.3 billion in the second quarter of 2025. Sales of the company’s top two EVs, the F-150 Lightning and the Mustang Mach-E, are declining, all while things are looking increasingly tough for electric vehicles under the second Trump administration.

Farley first revealed that Ford had a skunkworks team developing a low-cost electric vehicle in February 2024. As News first reported, the effort is being led by former Tesla executive Alan Clarke, and the team is brimming with talent from companies like Tesla, Rivian, Apple, and Lucid Motors.

The company has been deliberately vague about any specifics, but has admitted that the first vehicle to be built on this new low-cost platform will be a mid-size pickup truck set for release in 2027. Ford has said it will build “multiple vehicle styles — for both retail and commercial customers” on the platform, and that these vehicles will feature “personalized digital experiences.”

Cheaper models could help Ford, but 2027 is still a long way out.

While there are basically no mass-market electric vehicles available in the U.S. at or under $30,000, that likely won’t be the case when Ford’s secretive EVs hit the market in two years. Tesla has said it will start selling a stripped-down (and possibly smaller) Model Y SUV later this year. General Motors is bringing back the Chevy Bolt next year. And Jeff Bezos-backed startup Slate Auto is putting its own low-cost electric pickup on sale as early as late 2026.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Sharing health data can be a nightmare, but we have questions about this US govt plan
Next Article LimX Dynamics launches humanoid robot LimX Oli starting at $21,800 · TechNode
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

248.1k Like
69.1k Follow
134k Pin
54.3k Follow

Latest News

‘Heaviest ever insect’ measuring 16 INCHES found – you need two hands to hold it
News
You Are What You Eat: Why Your AI Security Tools Are Only as Strong as the Data You Feed Them
Computing
Samsung TVs are coming back online after apps stopped working
News
Freely’s new streaming puck will bring free live and on demand TV to your home | Stuff
Gadget

You Might also Like

News

‘Heaviest ever insect’ measuring 16 INCHES found – you need two hands to hold it

4 Min Read
News

Samsung TVs are coming back online after apps stopped working

2 Min Read
News

'Japanese Walking' Is Trending, but Is Walking Exercise? Personal Trainers Answer

12 Min Read
News

Go-to entertainment: why gaming was made for the toilet

6 Min Read
//

World of Software is your one-stop website for the latest tech news and updates, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Topics

  • Computing
  • Software
  • Press Release
  • Trending

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

World of SoftwareWorld of Software
Follow US
Copyright © All Rights Reserved. World of Software.
Welcome Back!

Sign in to your account

Lost your password?