Ford Motor Company will launch a new low-cost electric vehicle platform in August 2025, described by CEO Jim Farley as a “Model T moment” that could revolutionise affordable EVs in North America and beyond, with production likely based at its Kentucky plant.
Ford Motor Company is gearing up to introduce a new electric vehicle (EV) platform sometime in August 2025. CEO Jim Farley has called it something along the lines of a “Model T moment” for Ford, hinting at a potential revolution. The idea is to produce more affordable EVs — pretty much in the spirit of Ford’s historic achievement more than a century ago when they made cars accessible to the masses. This upcoming platform is meant to usher in a fresh line of vehicles that will focus on cutting-edge technology, efficiency, roominess, and eye-catching features. It’s confirmed that the platform will be entirely new and will be made right here in the United States, with strong signs pointing to the Kentucky truck plant as the likely manufacturing site. This strategic move is a part of Ford’s bigger goal: slashing EV prices and standing toe-to-toe with the cheaper electric offerings from China, both at home and across the globe.
Farley’s announcement during the 2025 first-half earnings call marked a pretty noticeable shift in how Ford is approaching its electrification plans. While they’re already selling models like the F-150 Lightning pickup and the Mustang Mach-E crossover in the US, it seems like Ford is now leaning toward developing smaller, more budget-friendly EV options. Rumors about affordable compact pickups and SUVs have been out there for a while, but those projects seem to be delayed. Still, this new platform suggests Ford is doubling down on rethinking EV engineering, supply chain logistics, and manufacturing techniques. Interestingly enough, Farley also shared a personal detail — he’s been driving a Xiaomi SU7 electric vehicle daily for several months now. He described the experience as pretty eye-opening, even influential in reshaping Ford’s approach to EV design and production.
This announcement arrives at a time when the broader EV market faces some hurdles that have seriously impacted Ford’s product plans. Despite earlier promises to develop electric pickups and large SUVs—like a new electric truck originally slated for a Tennessee factory and a three-row electric SUV planned for Ontario—those projects have been pushed back to around 2026 and 2027, mainly because EV sales growth in the U.S. has slowed down. In fact, the market share for EVs in the first quarter of 2024 fell to just over 7%, a sharp decline from the 47% increase seen the previous year. At the same time, hybrid and plug-in hybrid sales are actually climbing quite a bit. Reflecting this change, Ford plans to offer hybrid versions across all its gasoline passenger models in North America by the end of this decade, showing a practical approach—balancing ambitions with the current market realities.
Looking at the bigger picture, Ford’s shift toward affordability lines up with global ambitions, especially in Europe. The company recently withdrew quite a few popular internal combustion engine models there, like the Mondeo, C-Max, Fiesta, and soon the Focus. These moves hurt sales—European numbers dropped by about 15%—and Ford also plans big workforce cuts. Still, the company remains committed to selling only electric passenger vehicles in Europe by 2030—well, five years ahead of the EU mandate. They’re aiming to ramp up production to about 2 million EVs a year by 2026, and they’re targeting around a 10% operating margin. Ford is also working with Volkswagen’s MEB platform for European models like the Explorer and Capri SUVs, while investing heavily in manufacturing infrastructure, such as the Cologne plant.
On the technical side, the new EV platform Ford’s developing is being led by a team of experienced engineers. That includes former Tesla engineer Alan Clarke, along with other ex-Tesla, Rivian, Lucid, and even Apple staff. This crew is focusing on creating a low-cost, adaptable platform that can support different body styles — trucks, crossovers, maybe even sedans someday. The first vehicle based on this platform, possibly a midsize electric pickup, is expected to hit the roads in 2027. To keep costs down and secure supply, Ford plans to use prismatic lithium iron phosphate (LFP) batteries, licensed from China’s top EV battery maker CATL. Production of these batteries will be set up in a dedicated Michigan plant. This move is a direct response to the tough competition from Chinese manufacturers who have been offering cost-effective EV options.
However, Ford’s journey into electrification hasn’t been without some roadblocks. A notable example is the cancellation of its next-generation electrical architecture project, called FNV4 internally. This was meant to develop a centralized software brain for Ford vehicles, similar to Tesla’s system, but it was abandoned due to rising costs and delays. Still, Ford plans to take lessons learned from that experience and apply them to refining their existing software systems instead.
Overall, this upcoming announcement signals a crucial turning point for Ford’s EV plans—emphasizing smart innovation, affordability, and competitiveness. The idea of a “Model T moment” really underlines how serious Ford is about not just participating in the EV game but leading it — aiming to reshape the entire mass-market electric vehicle scene in North America and elsewhere. And for parts suppliers, OEMs, and logistics companies, Ford’s push toward a flexible, low-cost EV platform spells significant changes in component sourcing, manufacturing methods, and service models as electric mobility speeds up.
Source: Noah Wire Services