logo
Ford Unveils Affordable EV Range, First Pickup To Arrive In 2027

Ford Unveils Affordable EV Range, First Pickup To Arrive In 2027

News182 days ago
Last Updated:
The new EVs will be manufactured at Ford's Louisville plant in Kentucky and exported globally.
Ford has announced an all-new range of affordable electric vehicles (EVs) built on a fresh 'Universal EV Platform'.
The company says this breakthrough is as significant as the arrival of the legendary Model T, marking a bold step towards accessible electric mobility, as per Autocar UK.
The first model from this platform will be a mid-size, double-cab pick-up truck, expected to launch in 2027 at around 30,000 USD.
What Models Can We Expect?
According to Ford CEO Jim Farley, this pick-up is just the beginning. The range will expand to include a hatchback, crossover, van, and a three-bench SUV – all expected to carry similar price tags.
The new EVs will be built at Ford's Louisville plant in the US and shipped worldwide. Farley proudly declared, 'From Kentucky to the world," emphasising the importance of building locally and exporting globally.
Farley added that the truck will be 'faster than a Mustang twin-turbo", support rapid charging, and feature a spacious interior 'bigger inside than a Toyota RAV4". It will also come with a front trunk (frunk) and an advanced operating system with over-the-air updates.
How Will Ford Build It?
The vehicles will be made in a unique way – assembling the front, rear and central structure (platform, battery, seats and interior) separately, before joining them together at the end. This process aims to make production faster and more efficient.
Furthermore, Farley stressed that this project goes beyond selling vehicles. 'Our competitors build in Asia and import. We are making here and exporting. This is about our country," he said.
view comments
First Published:
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

'Russia lost an oil client': Trump says he ‘may not have to' impose secondary tariffs on India after Putin meet
'Russia lost an oil client': Trump says he ‘may not have to' impose secondary tariffs on India after Putin meet

First Post

timean hour ago

  • First Post

'Russia lost an oil client': Trump says he ‘may not have to' impose secondary tariffs on India after Putin meet

Trump on Friday said Russia has 'lost an oil client' after Washington imposed penalties on New Delhi for buying Russian crude, but hinted he may not impose similar secondary tariffs on nations continuing such purchases. US President Donald Trump speaks during a visit to the Kennedy Centre in Washington. He warned that Russia would face very severe consequences if it didn't adhere to a ceasefire after Friday's meeting. Reuters US President Donald Trump on Friday said Russia has 'lost an oil client' after Washington penalised New Delhi for buying Russian crude, but further emphasised that he may hold off on imposing similar secondary tariffs on other countries continuing such purchases of oil. 'Well, he (Russian President Vladimir Putin) lost an oil client, so to speak, which is India, which was doing about 40 per cent of the oil. China, as you know, is doing a lot… And if I did what's called a secondary sanction, or a secondary tariff, it would be very devastating from their standpoint. If I have to do it, I'll do it. Maybe I won't have to do it,' Trump told Fox News before leaving for Alaska to meet Putin. STORY CONTINUES BELOW THIS AD Trump's tariffs on India His remarks came even as New Delhi has not confirmed any halt in oil imports from Moscow, despite Washington's decision to levy a fresh 25 per cent duty, on top of an earlier 25 per cent tariff, on Indian goods from 27 August. Earlier, Trump (on August 6) escalated the pressure by doubling duties on Indian products to 50 per cent, targeting New Delhi for its continued Russian oil imports. India condemned the move as 'unfair, unjustified and unreasonable,' warning it would hit exports in sectors such as textiles, leather and marine goods. Prime Minister Narendra Modi has said India 'will not back down' under economic pressure. Bloomberg reported that Indian state refiners stopped buying Russian crude following Trump's action, though no official confirmation has been made. Indian Oil chairman AS Sahney said on Thursday that India 'has not halted purchases from Russia' and continues to buy solely on economic grounds. India, which became Russia's largest oil buyer in 2022 after Western sanctions, faces the prospect of its crude import bill rising by USD 9 billion this year and USD 12 billion next year if it cuts off Russian supplies, according to the State Bank of India. The report suggested Iraq, Saudi Arabia and the UAE could fill the gap. Russian crude is also being offered to Indian refiners at discounted rates as EU sanctions and US threats weigh on global demand, Bloomberg cited data firm Kpler as saying.

Why Are Road Milestones In India In Different Colours? 99% Don't Know This
Why Are Road Milestones In India In Different Colours? 99% Don't Know This

News18

timean hour ago

  • News18

Why Are Road Milestones In India In Different Colours? 99% Don't Know This

Last Updated: In India, milestone colours like yellow, green, blue, black, or orange, indicate the type of road: national, state, city, or village. Each hue tells a different story Have you ever noticed the milestones along roads in India indicating how many kilometres remain to your destination? These milestones come in different colours, yellow and white, green and white, blue or black and white, and orange and white. But have you ever wondered why the colours vary? Each colour has a specific purpose and tells us something about the type of road. So how can one interpret these colours, and how do they help in identifying the road category? Let's explore in detail. A milestone painted yellow on the top and white on the bottom signifies a National Highway. These roads connect major cities and states across the country, designed for long-distance travel and fast-moving vehicles. They are maintained by the National Highways Authority of India (NHAI). Examples include NH-44, which runs from Srinagar to Kanyakumari, and NH-19, stretching from Delhi to Kolkata. Yellow is used because it's highly visible across various terrains and weather conditions. A milestone with green on the top and white on the bottom indicates a State Highway. These roads connect cities and towns within a particular state and fall under the responsibility of the respective state government. Examples include SH-1 in Telangana and SH-48 in Andhra Pradesh. As State Highways serve regional connectivity, green is used to reflect that local purpose. Should you spot a milestone painted blue or black on the top and white at the bottom, it denotes a city road or district road. These roads typically connect urban centres, towns, or municipalities and are designed to support city traffic. Orange And White Milestones An orange and white milestone signifies a village road, usually constructed under rural development schemes such as the Pradhan Mantri Gram Sadak Yojana. Orange here symbolises rural connectivity and development, indicating roads built to connect villages. Why Road Milestone Colours Matter? Understanding these colour codes helps you easily identify the jurisdiction and function of the road you're travelling on. This knowledge is particularly useful when planning a journey or navigating unfamiliar areas. For instance, if you intend to travel on a National Highway but find yourself on a State Highway instead, recognising the milestone colours can help you course-correct quickly. So, next time you're on the road, take a moment to observe the colours of the milestones around you; they might just tell you more than you think. view comments First Published: August 16, 2025, 14:19 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

India's Housing Market Booms: Property Prices Nearly Double Since 2021
India's Housing Market Booms: Property Prices Nearly Double Since 2021

News18

time2 hours ago

  • News18

India's Housing Market Booms: Property Prices Nearly Double Since 2021

Between 2021 and mid-2025, India's housing micro markets saw gains due to employment demand and infrastructure upgrades, says ANAROCK Research. News18 Between the end of 2021 and mid-2025, India's most dynamic housing micro markets have delivered remarkable gains for both homeowners and investors, finds latest ANAROCK Research data. In some areas, property prices have nearly doubled; in others, rents have climbed at a pace that outstripped inflation by a wide margin. The twin forces driving this surge – strong employment-driven demand and steady infrastructure upgrades — have given rise to markets where both capital appreciation and rental values growth are driven by location dynamics, connectivity, and economic momentum. For a broad overview, ANAROCK has studied capital appreciation and rental value growth trends across 14 of the most active (in terms of supply and sales) micro markets in Bengaluru, Hyderabad, Pune, NCR, Mumbai Metropolitan Region (MMR), Kolkata, and Chennai – and unpacked the reasons behind their performance. Anuj Puri, Chairman – ANAROCK Group, says, 'The recovery that began in 2021 was driven by pent-up demand, record-low interest rates, and a structural shift toward homeownership after the pandemic. In the early recovery years, annual rental increases of 12–24% were common in prime employment hubs. By H1 2025, rental growth had moderated nationally to 7–9% — still ahead of consumer inflation, but a lot more sustainable." 'Capital values followed a similar trajectory of rapid appreciation between 2021-2023, followed by steadier gains as new supply hit the market and buyers became more price sensitive," says Puri. 'Notably, infrastructure-led markets (those benefiting from new metro lines, expressways, or new planned tech hubs) continued to defy this cooling trend." Bengaluru: Sarjapur Road and Thanisandra In India's tech capital, two pockets have outperformed even the city's robust average growth. – Sarjapur Road has long been part of Bengaluru's eastern IT corridor, but the promise of the Red Line Namma Metro—connecting Hebbal to Sarjapur—has fuelled a fresh wave of interest. Between 2021 and Q2 2025, property prices here jumped 79%, while average 2BHK rents climbed 81% to ₹38,000 a month. – Thanisandra Main Road, in the north, has mirrored this trajectory with capital gains of 81% and rents up 65%. Its proximity to Manyata Tech Park and improving road connectivity have made it a magnet for mid-to-upper-income IT professionals. Both areas also benefit from constrained land availability, which has kept the market tight, and speculative buzz around projects like the proposed 'Swift City' mega-tech hub in Sarjapur. Hyderabad's western corridor has cemented its place as one of India's most resilient real estate sub-markets. – HITECH City, the city's tech heart, recorded a 70% rise in property values and a 58% jump in rents over the past three and a half years. – Gachibowli, just next door, surged even more—capital values up 87%, rents up 66%. Its appeal lies in a concentration of multinational campuses, international schools, and premium residential complexes. Even as national rental inflation has eased, these two pockets continue to post double-digit annual increases thanks to unrelenting demand from a growing IT workforce and the scarcity of ready-to-move-in apartments. Pune: Hinjewadi and Wagholi Pune's performance underscores a familiar pattern: a mature IT hub supported by a fast-growing affordable fringe. – Hinjewadi, home to the city's largest IT park, saw prices rise 40% and rents climb 60% since 2021. While rental growth has slowed since late 2024, demand remains stable thanks to a steady influx of young professionals. – Wagholi, further out but well-connected to the city via the Nagar Road corridor, matched Hinjewadi's capital gains but outperformed on rentals with a 69% increase. Its relatively lower buy-in cost has made it a preferred choice for first-time investors seeking yield. NCR: Sohna Road and Noida Sector-150 The National Capital Region's story has two distinct threads – established corporate corridors and new-age investor magnets. – Sohna Road in Gurugram blends both worlds: strong corporate leasing nearby and improving connectivity via the Delhi–Mumbai Expressway linkages. Prices are up 74% since 2021, while rents have climbed 50%. – Sector-150 in Noida is the standout nationally. Its property values have soared 139% in just over three and half years – the fastest among all micro markets in this study – fuelled by new township projects, greenfield planning, and investor enthusiasm. Rents here have also surged 71%, reflecting demand from both working professionals and end-users drawn by its planned open spaces and sports facilities. Mumbai Metropolitan Region: Chembur and Mulund In land-starved Mumbai, price growth in suburbs with improved transport access has been striking. – Chembur, once a relatively under-the-radar suburb, has been transformed by the Eastern Freeway and Metro Line extensions. Prices are up 53%, and rents have grown 46%. – Mulund, a gateway between Mumbai and Thane, has seen similar capital gains (50%) but slower rental growth (32%), partly due to higher starting rental levels. Large-format apartments and better suburban amenities have attracted families upgrading from more crowded city neighbourhoods. Kolkata: EM Bypass and Rajarhat Kolkata's growth story has been steadier – but still rewarding for long-term investors. – EM Bypass benefits from proximity to the central business district and major arterial roads, pushing capital values up 25% and rents up 53%. – Rajarhat, a planned township to the east, has seen stronger capital appreciation at 37%, driven by new infrastructure and corporate presence, alongside 40% rental growth. While not as spectacular as NCR or Bengaluru, Kolkata's trajectory underscores the value of planned growth and connectivity. Chennai: Perambur and Pallavam Chennai's two highlighted markets—Perambur in the north and Pallavaram in the south—both owe their performance to excellent transit links. – Perambur has seen prices rise 26% and rents 39% since 2021, supported by suburban rail and metro access. – Pallavaram, near the airport and GST Road, posted a 24% price gain and 46% rent increase, appealing to both airline staff and IT professionals working in the nearby OMR corridor. 'Looking ahead to 2026, we expect average housing price growth to range between around 6–7%, with rents likely to rise 7–10% – both outpacing inflation," says Anuj Puri. 'Micro markets tied to major infrastructure completions (such as metro lines in Bengaluru and Mumbai, expressways in NCR, and IT park expansions in Hyderabad and Pune) are best placed to sustain above-average gains." top videos View all In India's real estate market, growth follows infrastructure, and rental resilience follows jobs. For investors, identifying the next wave of connectivity and employment corridors could be the difference between average returns and exceptional ones. About the Author Business Desk A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover More Click here to add News18 as your preferred news source on Google, Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated. view comments Location : New Delhi, India, India First Published: August 16, 2025, 14:00 IST News business » real-estate India's Housing Market Booms: Property Prices Nearly Double Since 2021 Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store