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Ford CEO Farley Reveals “Skunkworks” Program Developing Low-Cost EV

February 2, 2024 | From The Web, Headlight.News

With EV sales growth flattening out, automakers are struggling to find ways to charge them back up. A critical step will require the launch of new, affordable models like the Model 2 Tesla reportedly is developing. During an earnings call, Ford CEO Jim Farley said he’s not planning to cede the market to his rival, revealing that the second-largest Detroit automaker has a “skunkworks” project underway to develop new EVs that could match, perhaps even undercut what Tesla is working on.The post Ford CEO Farley Reveals “Skunkworks” Program Developing Low-Cost EV appeared first on Headlight.news. 

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