Categories Tech News
Ford teases next-generation EV that will help it close the gap with Tesla
May 22, 2023
Ford’s next-generation electric vehicle architecture will land in 2025, with the first vehicle to be a three-row sport utility vehicle with 350 miles of range that’s inspired by the automaker’s popular Expedition SUV.
The announcement came during Ford’s capital markets day on Monday, which also included a flurry of batty material news. The company outlined new supply deals for battery-grade lithium to produce 2 million electric vehicles by 2026. But mainly, the capital markets event was intended to show how Ford can close the gap with its competitors — namely Tesla, which still dominates the EV market in the US.
Details are still scarce, but the…