Ford’s high govt believes its T3 EV will could be semi-autonomous, so homeowners will probably be ready ‘to sleep in your truck whereas touring on the freeway.’
Jim Farley says it is “going to have technology no one’s ever seen.”
The Ford (F) – Get Free Report CEO made his promise in a video posted by Yahoo Finance on March 27, during which he gave just a few hints in regards to the automaker’s T3 EV truck,
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“It launches in about 30 months, so just over two years,” he mentioned. “We haven’t shown anyone the truck yet because we don’t want to give an advantage to our competition, but it is a ‘Built Ford Tough’, you know, a real work vehicle.”
“But it’ll have technology no one’s ever seen in any of these electric trucks,” he added.
T3, which Ford mentioned stands for “Trust the Truck,” is the code identify is for Ford’s second-generation electrical truck that will to be developed alongside a brand new meeting plant outdoors Memphis.
This new $5.6 billion manufacturing unit, known as BlueOval City advanced, could have capability to provide 500,000 electrical automobiles per yr at full manufacturing.
‘Big Deal for Truck Customers’
BlueOval City, which is able to make use of 6,000 individuals, is designed to be Ford’s first campus dedicated to carbon-neutral automobile and battery manufacturing.
In. the video, Farley mentioned the T3 will probably be “fully software updateable so every part we can ship software to the car over the air.”
“Your trucks are going to get better every time you get in it and move every morning,” he mentioned. “In fact, we think we’re going to be able to land a semi- autonomous system, so you’ll be able to go to your sleep in your truck while you’re traveling on the highway.”
Farley mentioned this sort of benefit “is a big deal for truck customers.”
“A lot of them work,” he mentioned. “They use their vehicle as an office and to be able to do more work, get out more jobs inside their truck, while they’re commuting to the work site, is fantastic.”
Farley has supplied tidbits in regards to the T3 earlier than. On March 24, he tweeted “Our next electric truck: Project T3,” together with a picture of three lightning bolts.
He additionally mentioned it will likely be a truck that “people have never seen” during an event streamed live on the internet.
“The new truck constructed right here was designed from the bottom as much as be extremely environment friendly to fabricate, and if you see it, it will not appear like a standard automotive,” he added. “It’s a marvel of simplification.”
‘Breakthrough’ Manufacturing Process
Farley also promised that the manufacturing process “will probably be equally breakthrough, with radical simplicity, value effectivity and high quality expertise.”
“Project T3” is at the heart of Ford’s ambition to sell about 2 million EVs by 2026.
Ford is already home to the F-150 Lightning, which the automaker said has become the best-selling electric truck in the U.S. since its launch last May.
The F-150 has suffered some setbacks this year, including suspension of production last month when one of the vehicles caught fire at the automaker’s Rouge Electric Vehicle Center.
Production resumed on March 13, but just a few days earlier Ford said it was recalling 18 F-150 Lightnings due to a battery cell manufacturing defect, which the company said “had occurred over a four-week interval beginning on the finish of final yr.”
The carmaker said that it is not aware of any reports of accident or injury related to the recall.
Then there’s the Ford Mustang Mach E, the plug-in version of the iconic Mustang.
The Mustang Mach E is an SUV positioned as the direct rival of Tesla’s TSLA Model Y SUV. The Model Y was the bestselling electric vehicle in the world last year, according to data from various analysts.
Ford’s electric bill has been pretty steep. The company recently released numbers showing that its electric vehicle unit lost $3 billion before taxes over the last two years.
Source: www.thestreet.com