Ford bets on $30,000 electric truck after $19.5B EV loss

·38 views

Ford is developing a new budget electric truck priced at around $30,000, set to be revealed in 2027 and built at its Kentucky assembly plant. The vehicle is part of Ford's new Universal Electric Vehicle Platform, designed to prioritize efficiency and profitability after the discontinuation of the F-150 Lightning. Spy shots of the heavily camouflaged prototype suggest the truck may be smaller than Ford's existing Maverick compact pickup. The shift comes after Ford reported a staggering $19.5 billion loss on its EV investments in 2025, highlighting the company's struggle to produce profitable electric vehicles. Ford executives say the future of their EV strategy lies in affordable, right-sized vehicles rather than large trucks with no clear path to profitability.

Read the full story at The Verge

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Eiliko robot toy maker to hire outside security firm after insecure device report

Eiliko, a small AI-powered robot charm that clips onto bags, was found to have serious security flaws that exposed owners' conversations. Researchers showed hackers could read full transcripts of what users told the toy, despite its assurance that secrets were safe. The Verge and security researcher Sammy Azdoufal spent more than a month trying to reach the company, including emailing its CEO and founder, Shaw Yeung, without response. The manufacturer, Energize Lab, has now broken its silence and says it will hire an independent security firm. Its initial response, however, has been viewed as falling short of what the situation calls for.

0 comments Read more at The Verge

TechnologyBBC Tech ·

Zoe Kleinman: PHP is the cyber equivalent of an unexploded bomb

It has been a dramatic, public and global response, but the cyber event hasn't happened yet.

0 comments Read more at BBC Tech

TechnologyBBC Tech ·

AI minister says 500 new vulnerabilities found in government systems

An AI minister has reported that around 500 new security vulnerabilities have been identified within government. The disclosure was attributed to the minister in a BBC Tech report. The full article text was not available, so the scope, timing, and details of the findings cannot be confirmed here. Further information would be needed to explain how the vulnerabilities were discovered and what remediation is planned.

0 comments Read more at BBC Tech

TechnologyNYT Technology ·

AI Data Center Boom Lifts Demand for Gray Industrial Paint

Technology companies are coating data centers in gray paint applied over gray concrete and steel. The coatings are used to protect against fire, rust, and static electricity. As a result, data centers have become a fast-growing market for paint manufacturers. The trend is tied to the expansion of artificial intelligence infrastructure. The article's reporting focuses on the paint industry's rising sales linked to this construction surge.

0 comments Read more at NYT Technology