Ford Follows General Motors, Volkswagen With Two New Dedicated EV Platforms By 2025: Report

Ford Motor Co will announce on Wednesday that it is developing two dedicated all-electric vehicle platforms, one for full-size trucks and SUVs, the other for cars and smaller SUVs, as part of a strategy to catch General Motors Co, Volkswagen AG and Tesla Inc in the global electrification race, sources familiar with Ford’s plans said.