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Business Insider·4 min read·medium

Ford's $30,000 EV truck is coming in 2027. Here's what we know.

Ford's $30,000 EV truck is coming in 2027. Here's what we know.
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Ford is developing a new midsize electric pickup truck, slated for a 2027 release with a target price of $30,000. The vehicle will utilize a new universal EV platform designed to reduce production costs and complexity.

Why it matters

Ford's pivot toward more affordable electric vehicles is a critical test of whether legacy automakers can compete with lower-cost EV manufacturers.

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Ford's first electric truck missed sales expectations. The automaker is pivoting to smaller, more affordable EV options. Bloomberg/Getty Images Ford is targeting a $30,000 starting price for its new electric pickup. The 2027 truck will debut Ford's new Universal EV Platform, which will bring a "family" of new EVs. Ford says the new cars will feature fewer parts, faster production, and lower prices. Ford hit reset on its money-losing EV program . Now, the first product of that overhaul is coming into view. The Detroit automaker says the midsize electric pickup will reach customers in 2027, with a target starting price of about $30,000. There's still plenty Ford hasn't yet revealed about the vehicle. We don't know the name, haven't received official range estimates, and have only seen the truck wrapped in funky-looking camouflage .

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