
A 'Very Significant Undertaking': Ford's Affordable EV Platform May Not Come To Europe

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Ford's new "Universal Electric Vehicle" platform, crucial to its EV strategy, may not be introduced in Europe. Despite its name, the platform's launch in Europe is uncertain due to engineering and capital challenges. Ford is focusing on the U.S. market, with the first vehicle being a $30,000 electric pickup truck. The company is also relying on partner-built products for Europe, like rebadged Volkswagen EVs and Renault-built affordable EVs. This cautious approach highlights Ford's struggle to maintain relevance in the European market.
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