Comment on Ford's affordable EV pickup is named Fathom, and it will start at $28,350

riquisimo@beehaw.org ⁨1⁩ ⁨month⁩ ago

• avidamoeba@lemmy.ca ⁨1⁩ ⁨month⁩ ago

  28.3K really is cheap in this context but I’m skeptical that this would be anywhere close to the price when it comes out. Seen too many “40K” that turn out to be 60K in reality.

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  • Vodulas@beehaw.org ⁨1⁩ ⁨month⁩ ago

    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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    • avidamoeba@lemmy.ca ⁨1⁩ ⁨month⁩ ago

      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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      • Vodulas@beehaw.org ⁨1⁩ ⁨month⁩ 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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