Ford is delaying the next-generation F-150 Lightning and E-Transit until 2028 while rethinking its massive Blue Oval City plant and shifting focus toward more affordable EVs.

Bill Ford has said missteps in the switch to electric vehicles are because regulators have pushed for EVs before enough customers were ready.

A sleek new Universal EV platform promises affordable, efficient electric pickups. Ford’s bet on streamlined manufacturing to deliver both value and profit.

A potential “small electric pickup” segment would pair utility with a lower price point and a more attainable total cost of ownership.

Ford will retool its Louisville Assembly plant beginning later this year to produce vehicles from a new Universal EV Platform starting with a midsize truck for $30,000