Ford unveils new details on its cheaper EV platform. First up, a midsize pickup. [Yahoo! Finance Canada]
Liberty Media Corporation - Series C Liberty Formula One (FWONK)
Last liberty media corporation - series c liberty formula one earnings: 2/28 09:43 pm
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Source: Yahoo! Finance Canada
"We're still on a really steep decline of EV costs, and you can only get that by innovating, and you can only get that by system level, optimizing into what eventually becomes a product that a customer wants," said Ford's Alan Clarke, who runs the skunkworks team out of Long Beach and was a longtime Tesla engineer. Ford said the UEV platform reduces total parts by 20% compared with a typical Ford vehicle program — for example, incorporating 25% fewer fasteners throughout the vehicle. On the factory floor, Ford eliminated 40% of process workstations compared to current production. Using fewer parts and redesigning the build process makes a truck that's cheaper to manufacture. On the efficiency side, Ford recruited more than half of its UEV aerodynamics team from Formula One racing. The result, Ford claims, is aerodynamic efficiency more than 15% better than any pickup truck currently on the market, based on internal testing. Better "aero" means less drag on the vehicle and, conver
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