Image: CarSales
Image: CarSales
AutoExec Summary
Ford is working on a new light hatchback that will be the first of an affordable EV family set to be released in 2026. The new vehicle, similar in size to the previous Ford Fiesta, is being developed to compete with EVs from Chinese brands like MG and BYD. The project is overseen by former Tesla executive Alan Clarke, known for creating high-profit, low-cost EVs. The new platform will also be used for the next-generation Focus and Puma SUV. These models will be positioned below other Ford EVs like the European Ford Explorer, Capri, and Mustang Mach E. Despite its size, the first car on the platform will be launched in North America. Clarke aims to create the world’s most efficient EV platform and has assembled a team of engineers from Tesla, Rivian, Apple, and F1 to work on the project. The new vehicles will be powered by Ford’s next-generation low-cost lithium iron phosphate batteries, which will be more durable and perform well in cold weather.
Brands mentioned: Ford, MG, BYD, Tesla, Rivian, Apple
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