I’ve mulled over the Ford event from yesterday for almost a day now and have several takeaways. 1. Yes, much of this technology in the Ford affordable EV platform shows similarities to Cybertruck. The big difference? This truck will be affordable. Starting price is ~1/3 of CT. Pretty wild. 2. This platform isn’t aimed to compete with US competition, it’s aimed to compete with China. Jim Farley himself has said how far China is ahead of EVERY US automaker. When Ford says “if they succeed,” they are referring to competing with Chinese EVs. This is a big ask. 3. They are calling it a truck but the hyper focus on efficiency and having a smaller battery makes it much more like a car with a bed, in my opinion. Owning an electric truck has 100% showed me that the only electric solution for a truck has to do with BIGGER batteries. When you hook up a trailer, almost nothing other than battery capacity matters. This has been shown numerous times with towing range testing of Rivian vs Lightning vs Cybertruck vs Silverado EV. All of them have almost exactly the same efficiency with a large trailer. This all being said 90% of truck owners don’t tow. This will be phenomenal for them, if they are willing to give up their larger truck. 4. Ford batteries have been pretty rock solid. I believe their LFP packs will be absolutely phenomenal. LFP traditionally doesn’t perform phenomenally (DCFC speeds) but hold up so well. 5. Ford’s gen 1 EVs are absolutely phenomenal. They said being fun to drive was a non-comprisable objective, and I’d bet the farm that this will hold true. I expect this next gen vehicle to be top notch, even at a $30k price point.