Ford turns to F1 and bounties to build a $30,000 electric truck

Ford is promising to deliver an EV truck next year that starts at $30,000 and can compete with Chinese automakers without undermining profit margins.

A combination of 3D-printed Lego-like parts, Formula 1 thinking, and a bounty program will help the company hit that target, Ford said Tuesday. 5 billion hit in December and ended production of its battery-electric F-150 Lightning. It can’t afford for this new EV business strategy to fall flat.

Ford’s bet on a line of affordable EVs began several years ago with a skunkworks team led by Alan Clarke, a 12-year Tesla veteran.

Pieces of its plan were revealed last August, when Ford said it would ditch its traditional moving assembly line and invest $2 billion in its Louisville factory to adopt a new production system that promises to speed up manufacturing by 15%.

The company said at the time that its line of EVs would be built on a universal platform with single-piece aluminum unicastings — large components cast as one piece to eliminate parts and allow for faster assembly — and lithium iron phosphate batteries with tech licensed from China’s CATL.

Now Ford is sharing more specifics in a flurry of blog and social media posts on how it will fulfill its promise of a desirable EV truck that will be $20,000 cheaper than the average new vehicle while still generating profits.

Ford didn’t share specs like the range, features, or charging times of this future EV.

But it did reveal how it plans to build lighter, cheaper, more efficient EVs made with fewer parts.

It all starts with the universal EV platform, or UEV.

The platform will underpin a midsized truck first, then could support a sedan, crossover, three-row SUV, and even small commercial vans, according to Clarke.

The UEV is Ford’s first “clean sheet” EV built from the ground up — a strategic shift for the company, which built its Mustang Mach-E and the Lightning EVs using existing infrastructure and manufacturing practices.

“It’s a platform that is built around efficiency,” Clarke said in a briefing with the media.

“It’s built around affordability to be able to make long-range electric vehicle travel affordable to more people. ” Techcrunch event TechCrunch Founder Summit 2026: Tickets Live On June 23 in Boston, more than 1,100 founders come together at TechCrunch Founder Summit 2026 for a full day focused on growth, execution, and real-world scaling. Learn from founders and investors who have shaped the industry. Connect with peers navigating similar growth stages. Walk away with tactics you can apply immediately Save up to $300 on your pass or save up to 30% with group tickets for teams of four or more. TechCrunch Founder Summit: Tickets Live On June 23 in Boston, more than 1,100 founders come together at TechCrunch Founder Summit 2026 for a full day focused on growth, execution, and real-world scaling. Learn from founders and investors who have shaped the industry. Connect with peers navigating similar growth stages. Walk away with tactics you can apply immediately Save up to $300 on your pass or save up to 30% with group tickets for teams of four or more. Boston, MA | REGISTER NOW To achieve that, Clarke set out to create a new culture seeded by talent from Formula 1 and companies like Apple, Lucid Motors, Rivian, and Tesla, as well as Auto Motive Power, a startup acquired by Ford in 2023.

The team, which includes about 450 people at its base in Long Beach, California, and 200 people in an office in Palo Alto, also adopted a bounty program to help engineers understand how their day-to-day decisions impact the customer and the end product, Clarke said in an interview with reporters.

The focus of the bounty program was efficiency.

Numerical metrics were assigned to every aspect of the UEV, including vehicle mass, aerodynamic drag, and even specific vehicle parts.

In practice, this meant Ford might decide to use a more expensive part if it helped decrease the weight of the EV, thereby making it more efficient and cost-effective.

“We’ve been very focused on making sure that the cost that we’re moving from the product doesn’t remove value,” Clarke said.

One example is that even the base trim of the EV truck will have a power-folding mirror, a premium feature on most vehicles, because it decreases aerodynamic drag, according to Clarke.

The company saved money by using one motor, instead of two, to handle the mirror adjustment and the folding.

Image Credits:Ford That obsession with efficiency included a team of ex-Formula 1 engineers who worked closely with Ford’s design team.

The result, according to Ford, is a midsized EV truck that is 15% more aerodynamically efficient than any other pickup truck on the market today.

This team of former F1 engineers used 3D-printed and machined parts to create a Lego-like build for its test vehicle.

Thousands of 3D-printed components, which are accurate within fractions of a millimeter of Ford’s simulations and could be swapped out in minutes, were used to measure aerodynamics.

These Lego-like prototypes were used in wind tunnel testing early on — and often — to measure aerodynamics, a process that Ford traditionally used only when the design of a vehicle was nearly complete.

A natural place to focus was on the battery, which can account for about 40% of a vehicle’s total expense.

A lighter, more efficient vehicle allows Ford to use a smaller battery, which reduces cost.

The end result, according to Clarke, will be an EV truck with about 15% more range, or 50 miles, than an equivalent pickup powered by gas.

The efficiency push also led the team to adopt manufacturing tactics adopted and popularized by Tesla, including the use of aluminum unicastings and moving from a 12-volt system to a 48-volt power system that will be used for some vehicle functions.

Ford also upended the electric vehicle architecture of the UEV, taking a zonal approach similar to Tesla and Rivian. Instead of scattering dozens of electronic control units (ECUs), or computers, throughout the vehicle, Ford has integrated multiple vehicle functions into five main modules.

This reduces complexity, cost, and copper usage and helped make the EV truck’s wire harness 4,000 feet shorter and 22 pounds lighter than one of its first-generation electric vehicles, according to Luccas Di Tullio, a software engineer at Ford who previously worked at Auto Motive Power.

Di Tullio said the company carried the same philosophy to the power electronic components, finding ways to share components and reduce parts with a single module that manages power distribution and battery management and provides AC power back to a customer’s home during an outage.

Ford also developed its own software for those five main ECUs, down to the application layer, according to Clarke.

Because Ford owns the software — to the lowest level — it becomes very portable, Clarke said.

“Other than being able to control the infotainment, what shows up on the screens, [and] how you interact with the vehicle, all of the body controls then are directly coupled,” he said.

“So you can imagine that many of the experiences that can only be created by coupling all the different sensors around the vehicle are now at our fingertips and under our own control