In an obvious swipe at General Motors, whose first battery electric vehicle to feature its Ultium batteries will be a $112,000 Hummer, Ford’s latest CEO, Jim Farley, told analysts yesterday on a conference call the electric vehicles coming from his company will be cars ordinary people can buy. “We are not going after the $100,000-plus market. These are affordable vehicles,” he said. Courtesy of Ford When will they go on sale? That is a matter of intense speculation. The first all electric car from Ford will be the Mustang Mach-E, an SUV about the size of a Ford Edge. That car is expected to find its way into the hands of private owners before the end of this year. With a starting price of $43,995, it will cost less than a Tesla Model Y, although the current Model Y has dual motors while the entry level Mach-E will have one. The Mach-E is expected to have a range of 300 miles while the Model Y can travel about 22 miles further without recharging. Fully optioned versions of the Mach-E are expected to sell for around $65,000. According to a report by the Detroit Free Press , Ford executive chairman […]

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