Ford introduces more affordable electric vehicles with extended ranges and lower prices.

Ford introduces more affordable electric vehicles with enhanced range, including two new pickups and a van. These vehicles feature extended ranges and lower prices compared to predecessors, aiming to expand the automaker's presence in the growing electric vehicle market. Ford had planned to produce a three-row electric SUV, but changed course due to high battery costs and market challenges. The company reduced planned capital expenditures on electric vehicles from 40% to 30%.

August 21, 2024
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