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flag Ford is developing a $30,000 electric pickup for 2027 to cut costs and boost efficiency amid $19.5 billion in EV losses.

flag Ford is developing a $30,000 midsize electric pickup truck for 2027, built on its new Universal Electric Vehicle platform, aiming to cut costs and improve efficiency through innovations like a 48-volt electrical system, integrated battery design, and aerodynamic optimizations. flag The truck, featuring a lithium iron phosphate battery and streamlined manufacturing, targets 300 miles of range and 30% better highway efficiency than comparable gas trucks, with design tweaks saving up to $1.30 per millimeter of roof height reduction. flag The project reflects Ford’s pivot from costly, unprofitable EVs like the F-150 Lightning toward affordable, scalable electric vehicles amid $19.5 billion in EV losses and growing global competition.

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