Ford is accelerating its push toward affordable electric mobility with a new low-cost EV platform designed to support up to eight different vehicle body styles. This groundbreaking platform is being developed by a special Skunk Works team and will prioritize affordability by simplifying tech features and avoiding expensive systems like full autonomy. The goal is to bring electric vehicles within reach of more drivers without compromising quality or utility.

During a recent investor update, Ford’s Vice President of Technology Platform Programs and EV Systems, Lisa Drake, revealed that the new platform could underpin crossovers, trucks, and even sedans. All of these EVs will utilize lithium-iron phosphate (LFP) batteries, with manufacturing set to take place in the U.S. using technology licensed from CATL. This move is key to keeping costs down and staying competitive in a rapidly growing electric vehicle market.

The first vehicle built on this platform is expected to be a mid-size pickup, which may share similarities with the popular Ford Ranger or adopt a similar nameplate. A small crossover is also likely to follow, potentially built at Ford’s Louisville Assembly Plant, which currently produces the Escape and Corsair. That facility is slated for a major retooling later this year in preparation for EV production.

Rumors also suggest that a sedan could be part of the lineup, with Ford having previously shared concept renderings with dealers. While these renderings were shown to illustrate the platform’s flexibility, they point to an exciting and diverse future lineup. The first low-cost Ford EV is expected to debut in 2027, marking a significant milestone in the automaker’s shift toward accessible electrification.