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Ford's Electric Vehicle Strategy

Updated 2026-05-05 13:20 UTC 1 source Neutral

Ford is unveiling its secret EV platform, aiming to turn its unit from losses to breakeven by 2029. The move comes amid a market slowdown and increasing competition.

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CNBC

Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown

The "Universal Electric Vehicle" platform is expected to be key to Ford transforming its EV unit from billions of dollars in annual losses to breakeven by 2029.

2026-05-05 13:00 UTC