Ford (F) Defers Three-Row Electric SUV to Launch Cheaper EVs

Ford Motor Company (F) is shifting its focus from three-row electric SUVs toward the development of affordable electric vehicles (EVs). Per Bloomberg, as affordable China-based EVs start to engulf markets, Ford is deferring its attention from larger EVs to work on a series of cheaper and compact EVs.The company’s first cheaper and compact electric SUV, due in late 2026, will have a starting price of around $25,000 and target the upcoming entry-level Tesla (TSLA) car.Lithium-iron-phosphate batteries, which a ...