News

Ford is developing a $30,000 electric pickup on its new Universal EV Platform, using large unicastings, fewer parts, and aero-focused design to cut costs and compete with global EV leaders.

Ford is considering a partnership with Geely on EV technology and European manufacturing, reflecting a broader shift as legacy automakers turn to Chinese expertise to cut costs and speed up EV development.

Ford set new hybrid sales records in 2025 while its EV business declined amid policy shifts and canceled models. The results show strong demand for partial electrification, even as Ford resets its long-term EV strategy.

Ford’s Universal EV platform faces an uncertain European launch. High engineering costs, low pickup demand, and dependence on partner-built vehicles challenge the company’s ability to compete in Europe’s growing EV market.

Ford recalls over 270,000 EVs, including F-150 Lightning and Mustang Mach-E, due to a Park module issue. A forthcoming software update will prevent potential rollaway accidents.