Mobility
Ford CEO says Ford to launch affordable EV to rival Tesla Model 3, Model Y
Ford plans to launch an affordable battery-electric vehicle priced to compete with Tesla\'s Model 3 and Model Y, CEO Jim Farley said in a podcast interview cited by InsideEV. Farley said Ford is not committing to a single route and will pursue hybrids, extended-range EVs and entry-level EVs. Details of the new model have not been disclosed. Media reports also point to Ford’s universal EV platform and the possible use of LFP batteries.