Ford to reveal more about its new low-cost electric vehicles on August 11

Ford is set to reveal more information about its upcoming low-cost electric vehicles at an event in Kentucky on August 11. And the company is talking a very big game: CEO Jim Farley said Wednesday that the announcement is “a Model T moment” for Ford.

Farley made the comments after Ford revealed its electric vehicle division posted a loss of around $1.3 billion in the second quarter of 2025. Sales of the company’s top two EVs, the F-150 Lightning and the Mustang Mach-E, are declining, all while things are looking increasingly tough for…