Jim Farley Says Upcoming Ford EV Pickup Is A 'Game Changer'

It's been about three years since the Blue Oval rolled out an ambitious EV product roadmap that included a set of three row EVs, and the announcement of a second generation electric Ford F-150 -  and less than six months since those plans were scuttled or pushed back by 12 months. The latest pivot now involves Ford selling a broad mix of gasoline, hybrid, and fully electric vehicles while working to a low cost EV platform to better compete against Chinese manufacturers. Currently, this new platform will debut on a midsize Ford EV pickup that no one outside the company knew existed until this year. But when it debuts in 2027, CEO Jim Farley says it will be extraordinary.

"In 40 years in the industry, I've seen a lot of game changer products, but the midsize electric pickup designed by our California team has got to be one of the most exciting. It's incredible package and consumer technology for a segment we know well. It matches the cost structure of any Chinese auto manufacturer building in Mexico in the future. How do we know that? Because 60% of the BOM [Bill of Materials] has already been quoted," Jim Farley said at the beginning of the Ford Q3 2024 earning call.

This is not the first time Farley has touted a Ford EV that has yet to debut publicly, as he previously stated that the future F-Series EV is like the Millennium Falcon. He also declared it to be better than the Tesla Cybertruck. That pickup has been pushed back to 2027 as demand for electric trucks has waned and prompted the automaker to pause Ford F-150 Lightning production through early 2025.

At this point, it is unclear if the midsize Ford EV pickup will utilize the Ranger name, but it will be an extremely important vehicle for the company, as Farley says the automaker has bet everything on the low cost platform that will underpin the pickup. That architecture is expected to allow the company to sell its future EVs at "hybrid premium" pricing, essentially matching the cost of their gasoline counterparts.

Ed owns a 1986 Ford Taurus LX, and he routinely daydreams about buying another one, a fantasy that may someday become a reality.

Edward Snitkoff

Ed owns a 1986 Ford Taurus LX, and he routinely daydreams about buying another one, a fantasy that may someday become a reality.

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    • More BS from Bob. Every EV story. Every time.

      Grow up man, you're not a king and other people (gasp) like different things than you. Farley and Ford are responding to that dynamic

    • I hope they come out with a PHEV that has an electric range of at least 80 miles, and I would buy 3 of those for myself, daughter, and wife. Something in the maverick or ranger line.

      • Plug in hybrid range won't be that great until they come out with solid state batteries starting in 2027 which will double the range of current lithium batteries!

  • The "Millennium Farley" I mean Falcon. On A Ranger platform?? What is "hybrid-premium"?? I'm still looking towards the new ICE engines with new fuels that will still perform like a gas engine. Maybe that'll happen and really be a game-changer. Maybe not. Never can tell anymore if anything is going to actually change the game. EV's?? I don't think so. Not in this country.

    • The Lightning and most other EVs already greatly exceed the performance of ICE vehicles. As a city truck or towing less than 100 miles I'd take one any day over any ICE.

      The problem with them is towing range, charging speed and inconvenience of availability on long trips, and of course the cost still.

    • You've clearly never driven an EV. Why else would you want something that has worse performance, worse efficiency, and more maintenance? The only thing gas has going for it is fueling speed and noise.

      • I'd rather spend 5 minutes refuelling at a gas station for a full tank than 30 mins or more at a charging station only to get an 80 % charge. Speaking of maintenance, all those wonderful savings are wiped out when you have to buy a $2000 set of tires twice as fast as with an ICE vehicle

        • Fueling speed is vastly overrated. Most drivers never need to recharge other than at home, at night while they sleep. Same as your cellphone.

          People vastly overrate the importance of range, anything over 250 miles covers 99% of daily vehicle use. The cost savings of daily EV driving more than pay for the cost to rent a vehicle and/or fly for 2 or 3 annual road trips.

        • Surely not experiencing this tire wear issue with the EVs I'm driving. Now if I was treating every traffic light as a drag race - probably.

        • Tires don’t wear out any quicker. Truck isn’t that much heavier than an ICE truck similarly equipped. In fact, because the truck’s suspension is fully independant, would not be shocked if the tread wears more evenly, and tires actually last longer.

        • We've owned a MachE for over 3 years . Cost us $20.00 per month for @700 miles of use. Charge it on a 20a 120v garage outlet. Very Fast, smooth, quiet . Tires costless than my Chevy Silverado . No maintenance so far ...at all . Won't be buying another ICE vehicle .

        • I own a 2021 MachE, it costs $20.00 a Month in electricity to go @ 700 miles . No maintenance. A set of new tires is the same or less than my ChevySilverado . FAST, smooth ,quiet. It's 20 degrees here ... Instant heat . Last year at 5 degrees ... No problem . I charge it in our garage on a 120v 20 amp regular outlet. Don't let the oil and gas propaganda win

  • Well, we've got Jimbo focusing on EVs and racing exclusively and Billy Boy penning a forward to a book about ridiculousness...ya think maybe it's time for both to take a permanent trip to a remote island?

  • Barra and Farley are living on borrowed time. Wait till the $7500 goes away on Jan. 20. The problem is charging...not the vehicle

  • Drug users do run in the Farley family. In all seriousness its time for Farley to go. Why Bill Ford allows this clown to take Ford down the drain is beyond me

  • Didn’t Ford say the same thing about the Lightning. The only way it changed the game was it knocked the pieces off the board and half of them rolled under the couch. They can’t give them away in Alberta.

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