Although Ford's CEO now gets it, Ford's product line doesn't reflect it yet. Farley has been bringing a few sample BYD cars to the US, for Ford people to drive around and to take apart. Farley dragged his executive team to China to see a BYD plant. They came back scared. But what Ford actually sells is 1) an F-150 converted to electric, 2) a Ford Mustang converted to electric, and 3) a Ford Transit converted to electric. They're all more expensive, and heavier, than their gasoline-powered versions.
BYD shows that electric cars are cheaper if designed properly from the ground up. The problem is that the US no longer makes many cars. Mostly giant trucks and SUVs. Hauling all that mass around requires a huge battery, resulting in 3-ton vehicles.
I've got a Lightning and I think I like the 'converted to electric' aspect. Everything that fits on a regular ICE F-150 fits on my truck. The interior is the same (okay, some trims have a big screen, but not all do). It would be nice if it had a bit more range, but when I look at the efficiency of an R1T or a CT, I don't see that being purpose-built would automatically be a win for Ford. Pickups are not ever going to be competitive with sedans and CUVs for efficiency.
Ford is a bad example because they’ve pretty much abandoned all their non truck and transit van segments for years. Even if EVs weren’t a thing, they do not compete in any of the segments and haven’t for almost a decade. First it was Japanese and German companies eating their lunch, now it’s the Chinese.
Also, F150 lightening is such a failure. There was a recent video of it trying to haul very minimal load and it pretty much drained the battery in less than 100 miles.
You’re mischaracterizing the Mustang Mach-E which never should have been named that because it has nothing to do with the ICE Mustang at all aside from the horsey badge.
> a Ford Mustang converted to electric
I agree with your comment, but I'll be a little pedantic for a minute:
As a Charger Daytona owner, I'd love to call the Mach-E a mustang, but it's really just borrowing the brand. Ford has said unequivocally that they'll never make an all-electric muscle car, which is a real shame. The Mach-E is a great car if you're turned off by a Model Y, but you wouldn't choose it over a mustang GT or a charger Daytona or a Camaro.
> a Ford Mustang converted to electric
The Mustang Mach-e isn't like any other Mustang. It just has the Mustang branding.
the mustang mach e is a purpose built EV. not a mustang with a battery back stuck in.
"Americans only want trucks and SUVs." (I hear people say.)
Cool. Then allow BYD non-trucks, non-SUVs into the U.S. then.
The Japanese back in the 70's showed U.S. automakers that price and mileage (in that decade anyway) were important to Americans. I suspect price is still important.