The Download: affordable EV trucks, and Russia’s latest internet block
1 min read
Summary
Ford announced on Monday that it plans to release an affordable electric truck, with a target price of approximately $30,000 and delivery of the product by 2027.
Adopting new manufacturing processes, which the firm claims will decrease expenses, will allow Ford to reach this price point.
Sales of EVs in the US are slowing and Ford has experienced recent struggles, so the announcement could give the market the shot in the arm it needs.
However, the Trump administration has cut tax credits and rules designed to push automakers towards zero-emissions vehicles, whilst also introducing tariffs.