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flag Ford to launch five sub-$40K vehicles by 2030, including a $30K electric pickup in 2027, to boost affordability and competitiveness.

flag Ford plans to launch five new vehicles under $40,000 by 2030, including a $30,000 midsize electric pickup set for 2027, marking a strategic pivot toward affordability after years of focusing on high-margin trucks. flag The electric truck, using a new platform and innovative manufacturing techniques like aluminum unicastings and a streamlined assembly process, aims to cut costs and simplify production. flag The lineup will feature new nameplates across crossovers, vans, and potentially new Mustang and Bronco variants, using a multi-energy platform. flag This shift follows the discontinuation of the F-150 Lightning and a $19.5 billion write-down, reflecting Ford’s effort to compete with Chinese EV makers and address rising vehicle prices.

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