Ford Is Working On An All-Electric Affordable Vehicle That'll Compete Directly With The Tesla Model 3 And Model Y
Ford is working on an all-electric affordable vehicle to compete with Tesla's Model 3 and Model Y. The new vehicle will be built on Ford's Universal EV Platform and is part of the company's plan to expand its electric vehicle lineup.
Ford is developing a new all-electric vehicle to rival Tesla's Model 3 and Model Y. The vehicle will be built on the Universal EV Platform, which can support up to eight body styles. Ford CEO Jim Farley announced the plans, stating that the company wants a bigger share of the electric vehicle market. The new vehicle is expected to be affordable and will compete directly with Tesla's popular models. Ford's electric vehicle sales have been strong, with 51,620 Mustang Mach-E units sold in 2025. However, the company wants to increase its sales and expand its electric vehicle lineup.
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