Ford to release info on new low-cost electric vehicle on August 11
One of these will likely be a mid-sized electric pickup truck Ford plans to release more information about its upcoming low-cost electric vehicle (EV) at an event in Kentucky on August 11. This announcement comes after it was revealed that Ford’s EV division posted a loss of US$1.3 billion (about C$1.8 billion CAD) in the second quarter of 2025. This loss is due to the declining sales of Ford’s top EVs and issues brought about by U.S. President Donald Trump’s tariffs. Since Ford’s initia...