Ford Motor Company is set to introduce a $30,000 all-electric vehicle that will be profitable in approximately two and a half years, according to CEO Jim Farley. This announcement was made during the Aspen Ideas Festival. The vehicle is being developed by Ford's secretive Skunkworks team and is aimed at competing with Tesla and BYD. The challenge of achieving this price point involves addressing supply chain issues.
Ford CEO: "As a lifelong petrol head, I was surprised as anyone when I fell in love with electric vehicles." https://t.co/gI8yCHGctD
Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. https://t.co/kq7kNxoyNs
🔥🔥 Jim Farley, Ford's CEO: $F "Nearly 70% of global electric vehicle owners say they’ll only buy electric vehicles in the future." That is the problem, Jim! Tell us about the remaining 30%! #ElectricVehicles https://t.co/bU2fUOMu1O
Ford CEO revealed its secretive Skunkworks will deliver $30k EVs in 2.5 years to compete with Tesla and BYD $30K is the sweet spot to get people switching from ICE. But how do you get to that point with supply chains? Build your own EV and find out: https://t.co/87u2Rpsinr
#Ford CEO says a profitable $30,000 EV is coming in two and a half years