India, Aug. 11 -- Ford Motor Company (F) has introduced its new Universal EV Platform and Production System, designed to make electric vehicles more affordable, efficient, and fun to drive.

The first model a midsize, four-door electric pickup will debut in 2027 and be built at the Louisville Assembly Plant for U.S. and export markets.

The platform reduces parts by 20%, speeds assembly by 15%, and features cobalt- and nickel-free lithium iron phosphate batteries that double as a structural floor.

Ford's redesigned "assembly tree" production process improves efficiency and worker ergonomics, potentially cutting build time by 40%.

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To support the launch, F...