Ford's New EV Platform Aims to Turn Model e Profitable Amid Industry Challenges
Ford has unveiled its new Universal Electric Vehicle (UEV) platform, which is expected to be crucial in transforming its Model e EV unit from annual losses to breakeven by 2029. Despite industry-wide challenges, including a slowdown in EV adoption and the departure of its top EV executive, Ford remains committed to its EV strategy, including a midsize electric pickup truck priced around $30,000.
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Topics: automotive industry electric vehicles EV development Ford UEV platform