Ford is working on an electric pickup truck that competes with the Slate Auto model
Ford Motor Company is set to revolutionise the electric vehicle (EV) market with the introduction of its new electric pick-up truck, slated for a 2027 release. The vehicle will be the first to be produced using the Ford Universal EV Platform, a new production line that represents a significant leap forward for electric vehicles.
The new platform is the result of a $5 billion investment in mass production of EVs and is expected to enable Ford to produce a large number of electric trucks. This move follows in the footsteps of the company's historic invention of the production line for mass-produced cars.
Performance and Cost Advantages
The new electric pick-up truck promises to offer significant performance and cost advantages. It is aiming for a 0-60 mph time similar to the Mustang EcoBoost, around 4.5 seconds, with instant torque typical of electric vehicles. The truck will use lithium iron phosphate (LFP) batteries, which are cobalt- and nickel-free, providing a low center of gravity to improve handling and increase interior space.
Starting at approximately $30,000, the new electric pick-up truck is part of Ford’s strategy to offer lower ownership costs over five years compared to a three-year-old used Tesla Model Y. This competitive pricing, combined with impressive performance, makes it a competitive option in the market.
The Ford Universal EV Platform
The Ford Universal EV Platform will provide a universal electric base for Ford's cars and trucks to be built off. The initial electric pick-up truck from this new production line will be a four-door, mid-sized vehicle. The new platform will allow for the mass production of a new electric truck, starting the production.
Competition in the EV Market
Jeff Bezo's Slate Auto may face competition from Ford's new electric truck production. The new electric pick-up truck's low cost and impressive performance make it a formidable contender in the EV market.
Ford currently offers three EVs: the Mustang Mach-E, Capri, and the F-150 Lightning, all of which use a one-off build platform. The new electric pick-up truck will be the first vehicle to be produced using the Ford Universal EV Platform.
Battery Advancements
The batteries used in Ford's new production line are LFP prismatic, offering space savings and weight reductions compared to current fuel models. This innovative battery technology is expected to enhance usability and cost efficiency, further setting the new electric pick-up truck apart in the market.
The new Ford pick-up truck is expected to be a game-changer in the EV market, offering competitive performance at an affordable price. With its innovative battery technology and commitment to lowering ownership costs, Ford's new electric pick-up truck is poised to make a significant impact in the EV industry.
- The new electric pick-up truck from Ford Motor Company, due in 2027, is anticipated to offer competitive performance and cost advantages, as it aims for a 0-60 mph time similar to the Mustang EcoBoost and will use LFP batteries for improved handling and increased interior space.
- The truck's starting price of approximately $30,000 is part of Ford's strategy to offer lower ownership costs over five years compared to a three-year-old used Tesla Model Y, making it a competitive option in the market.
- The Ford Universal EV Platform, a result of a $5 billion investment in mass production of EVs, will provide a universal electric base for Ford's cars and trucks to be built off, starting with a four-door, mid-sized electric pick-up truck.
- Jeff Bezo's Slate Auto may encounter competition from Ford's new electric truck production, as the new electric pick-up truck's low cost and impressive performance make it a formidable contender in the EV market. Ford currently offers three EVs, but the new electric pick-up truck will be the first vehicle to be produced using the Ford Universal EV Platform.
