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Home » Ford hikes EV investment to $5B in push for budget models

Ford hikes EV investment to $5B in push for budget models

Ford will have $30,000 EVs in 2027

Bloomberg NewsbyBloomberg News
August 11, 2025
in Sales & Marketing
Reading Time: 3 mins read
0
Ford hikes EV investment to $5B in push for budget models

An electric Ford vehicle charging in front of Ford Motor Co. dealership.

Ford Motor Co. unveiled plans for a new line of budget electric vehicles in a $5 billion bid to achieve the mass appeal that has so far eluded its money-losing EV business. The automaker’s new “universal EV platform” represents its first battery-powered models fully designed from the ground up, after early efforts such as the […]

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