FORD DROPS $5B ON EVS, ELECTRIFY AMERICA’S NEW ULTRA SITE, NEVI FUNDING RETURNS!

EV Channels Review

Ford has unveiled its "Universal EV platform," dubbed its "Model T moment," aiming to produce a family of affordable electric vehicles. The first model, a midsize four-door electric truck, is slated for a 2027 release with an anticipated starting price of $30,000, utilizing LFP battery cells produced in-house. The platform emphasizes manufacturing efficiency through simplification, including a skateboard design and reduced copper in wire harnesses. While Ford's announcement is a positive step towards new EV development, the hosts express skepticism regarding the $30,000 price point, citing past instances where initial pricing targets were not met. They also question the comparison of interior space to a RAV4 for a midsize truck. The discussion also touches on Electrify America's new charging site, Rivian's potential steer-by-wire and rear-wheel steering developments, and the revised NEVI funding guidance, which aims to streamline infrastructure build-out but has raised concerns about lost momentum and potential for lower-quality installations. Finally, one host reveals he is selling his 2020 Tesla Model Y after five years and nearly 100,000 miles, opting for a three-year lease on a new, non-Tesla EV, citing a desire for something fresh and a better ride quality, though he will miss Tesla's FSD and tech.