❗️Ford CEO Jim Farley says the company will have a “Model T moment” on August 11, with a major event in Kentucky to reveal its future EV strategy. The phrase references the original Model T’s role in making cars affordable for the masses, signaling that Ford aims to bring a similar revolution to the electric era. The new plan centers on an affordable EV platform developed by a specialized “skunkworks” team led by ex-Tesla engineer Alan Clarke. Farley says this approach will allow Ford to profitably sell electric cars while competing directly with Chinese automakers, who are producing high-quality, desirable, and affordable EVs. Ford is expected to leverage lithium iron phosphate (LFP) battery technology and domestic manufacturing to keep costs down and efficiency high. This push comes alongside a delay of its next-generation full-size electric pickup and van to 2028, as the company shifts focus toward smaller, mass-market EVs to meet global competition head-on. What are your thou...