Ford and the promise of cheaper EVs
Summary
Ford plans to invest billions of dollars in a Kentucky plant to produce electric vehicles (EVs). The company will start by making a midsize pickup that they expect to sell for around $30,000.Key Facts
- Ford is investing billions in an automotive plant in Kentucky.
- The plant will be redesigned to manufacture electric vehicles (EVs).
- Ford's first vehicle from this plant will be a midsize pickup truck.
- The expected cost of the new pickup is around $30,000.
- The focus is on making electric vehicles more affordable.
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