The Reason Our Universal Vehicle is Electric
You might wonder why this platform and vehicle had to be electric. The choice enabled how it is built, and we also believe electric vehicles are by far the best product for the customers we are going after.
You can charge at home, waking up every day with a "full tank."
The vehicle is a mobile power plant with high-power outlets and the ability to provide backup power for your home.
And it will be unbelievably fun to drive, with the low center of gravity from the battery, instant torque from the electric motors, and our obsessive chassis engineering.
Our target is a five-year cost of ownership that will be lower than buying a three-year-old Tesla Model Y — and they are pretty cheap right now.
The first vehicle built on this platform will be a midsize, four-door electric pickup truck. It will offer more passenger space than the latest Toyota RAV4, plus a frunk and a truck bed for all the gear that’s part of your life.
And this will not be a stripped-down, old-school vehicle.
Its ground-up, zonal electric architecture not only cuts that mile of wiring but will enable features digital experiences the industry has never seen before. We believe the primary battleground with competitors, especially from China, will be fought and won in the digital realm.
It will also support Ford BlueCruise, the hands-free driving feature that our customers are already finding transformative.
I don’t think many legacy car manufacturers could pull off a project like this. And I don’t believe new electric vehicle startups will be able to keep up with our Ford engineers and manufacturing teams making this a reality.
New ideas are easy. But innovation is delivering those ideas to the world in a way that millions can access. We have a hell of a lot of work to do to make that happen.
I know Ford is the company that can pull it off.