00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Ford's $30,000 EV pickup was spotted testing in Phoenix as competition grows in the affordable
00:09electric truck market. Kindle Auto posted a photo on Instagram on Monday showing a heavily
00:15camouflaged pickup undergoing hot weather testing. The truck appears smaller than Ford's F-150 series
00:21and features four doors. Ford plans to release the truck next year on its universal EV platform,
00:27which CEO Jim Farley has said is central to competing with Chinese automakers.
00:33Slate Auto's $25,000 electric pickup has also drawn attention from investors,
00:38including Ross Gerber. Ford's recall problems continued Monday after the automaker issued
00:43two recalls affecting 777,241 vehicles, including Bronco, Expedition, Navigator, F-150,
00:53Explorer, and Aviator models.
00:54For all things money, visit Benzinga.com.
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