Ford has confirmed plans to introduce a new crossover SUV with a starting price of approximately $25,000, positioning it as the brand's most affordable model. The vehicle was previewed to dealers at a private meeting in Las Vegas and is slated for production in 2029 at Ford's Hermosillo Assembly Plant in Mexico.
According to reports from Electrek, the new SUV will not be based on Ford's Universal EV platform. Instead, it is expected to be offered with hybrid and gas-powered powertrains, aligning with Ford's stated commitment to hybrid technology. This decision has sparked industry speculation about Ford's broader electrification strategy.
This development carries significant implications for B2B suppliers and buyers in the automotive sector. The decision to not electrify this high-volume, entry-level model suggests a continued, substantial market for internal combustion engine (ICE) and hybrid components through the end of the decade.
Key points for industry partners:
This means B2B partners must prepare for a prolonged period of dual-platform production, supporting both legacy and new energy vehicle architectures. The success of Ford's EV strategy will hinge on models like the Fathom pickup, while the new crossover secures the brand's competitive position in the high-volume, lower-margin SUV market.
Cost-effective EVs require equally efficient and affordable battery systems. We provide customized battery solutions that balance performance and cost, supporting rapid market deployment with flexible production for B2B partners.