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Ford's affordable EV pickup is named Fathom, and it will start at $28,350 (electrek.co)
submitted 3 months ago by to c/technology@beehaw.org
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[–] 5 points 3 months ago (2 children)

They are likely using LFP batteries instead of ones that take some of the more expensive minerals like cobalt. That is a huge part of the cost of EVs, and LFPs should help keep the price down

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  • [–] 4 points 3 months ago (1 child)

    They're using LFP in the Mach-e as well and they're losing money on every sale at signuficantly higher price tag. So I think it's gotta be something else.

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  • [–] 3 points 3 months ago

    From what I understand that has more to do with the amount of money they are putting into R&D, not cost of materials for each vehicle. Media has been spinning it, but it is not a 1:1 thing

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