Ford plans to launch a budget EV priced at US$30,000 to compete with Chinese automakers in the US market.

The company is developing a lighter, more efficient electric pickup that aims to deliver a 50-mile longer range while reducing costs by using fewer and lighter parts.

Ford’s new EV is based on a “universal electric vehicle” platform. The vehicle will incorporate advanced features at a lower cost due to its efficiency improvements.

Ford has highlighted the importance of innovation and cost management in competing against Chinese EV makers, which are expanding into North American markets, with a focus on reducing manufacturing complexity and cost.

Ford plans a $30,000 EV with a manufacturing reset

• The budget EV effort hinges on a redesign of core parts plus changes to factory methods.
• Ford is working on a structural battery pack with cheaper Lithium Iron Phosphate (LFP) chemistry. The pack adds rigidity to the frame, which can lower weight and cost .
• The company is adopting “gigacasting” that uses large aluminum castings in place of many smaller pieces. Ford says this reduces total parts count by 20%.
• The vehicle also uses a “zonal” electronics architecture (grouping vehicle electronics into a few regional controllers instead of many separate modules). Ford ties that shift with improved aerodynamics and says the combination could raise efficiency by 15% versus any current pickup .

Ford discussed a possible framework for Chinese U.S. joint ventures after a China warning

• People familiar with the matter say Ford CEO Jim Farley held informal, early talks with senior Trump administration officials that included joint ventures .
• Farley described an approach where Chinese automakers build cars in the U.S. through joint ventures controlled by American companies. The structure would split technology and profits, with no decision reached and no formal proposal adopted .
• The idea echoes a model China previously required for Western firms. It came up as a defensive option, while Farley has separately said China’s low-cost, high-tech vehicles pose an “existential threat” .
• General Motors has told the Trump administration it opposes Chinese entry, citing market share concerns plus North American supply-chain risks .