Ford is reportedly working on an affordable electric vehicle (EV) that aims to take on the likes of Tesla's Model 3 and Model Y. Industry insiders suggest that the new model will be priced competitively, with estimates ranging from around $30,000 to $40,000, making it an attractive option for budget-conscious EV buyers. The move is seen as a strategic effort by Ford to expand its EV offerings and gain ground in the increasingly competitive electric vehicle market. With the US government's growing focus on promoting eco-friendly transportation and the rising demand for EVs, Ford's new affordable model is likely to generate significant attention and interest among car enthusiasts.
Affordable Ford EV in the Works, Will Target Model 3 and Model Y Autoblog