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Published 10 days ago

Ford hopes cheaper electric cars can convince EV skeptics — just like Tesla

Summary by Business Insider
Ford, like Tesla, is planning to build more affordable EVs.Lukas Schulze/Getty ImagesCEO Jim Farley talked up Ford's plans to build a new range of affordable EVs in an earnings call. It comes after Tesla also promised to accelerate its plans to build cheaper electric vehicles.Automakers are scrambling to build more affordable EVs as demand for electric vehicles stalls.Ford has thrown down a gauntlet to Tesla by touting its upcoming range of chea…

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