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Sunday, July 16, 2023

Ford's Shocking U-Turn: Electric Fiesta Aims to Take on Tesla...Better Late Than Never?

electric Ford Fiesta

In a surprising turn of events, Ford, the company that recently bid farewell to its beloved Fiesta compact car, might just be considering resurrecting it as an electric vehicle (EV). Yes, you heard that right! Ford Europe's passenger car division seems to be leaving the door slightly ajar for the potential revival of the Fiesta as a compact passenger EV design. This news has sparked speculation and raised eyebrows in the automotive industry.

With the current trend leaning heavily towards oversized vehicles like the Rivian R1S, Tesla Cybertruck, Chevrolet Blazer EV, and Ford F-150 Lightning, it's refreshing to see smaller EVs still holding their ground. Models like the upcoming Renault 5 EV and the new Fiat 600e offer practicality, comfort, and a fuss-free driving experience without pretending to be something they're not. This is where the potential electric Fiesta could fit in, providing a compact and nimble alternative to the electric giants.

Martin Sander, the head honcho of Ford Europe's passenger cars, expressed his openness to the idea in an interview with Automotive News Europe. While nothing has been set in stone, Sander hinted that Ford is exploring the possibility of a cooperation agreement with Volkswagen to utilize their MEB Entry platform for electric vehicles. This is reminiscent of the successful partnership that birthed the Volkswagen ID.3, and it could pave the way for an electric Fiesta to hit the market.

If Ford manages to strike a deal with Volkswagen, it would almost certainly lead to the realization of an electric Fiesta replacement. The original Fiesta was Ford's best-selling model in Europe, boasting impressive sales figures of up to 459,000 units in some years. It would be a missed opportunity for Ford not to tap into this success and adapt it to the electric era.

However, despite the potential excitement surrounding a revived electric Fiesta, there might be storm clouds on the horizon for Ford. Rumor has it that Tesla, the electric vehicle pioneer, is planning to unleash a compact yet affordable Model 2 in the near future, with an enticing price tag of around $24,000. If these rumors hold true, Ford's aspirations to compete with Tesla in the compact EV segment might be met with a formidable challenge.

Moreover, Ford would also have to contend with the likes of the Renault 5 EV, the MINI Cooper Electric, and the Fiat 500e, all of which have already made their mark in the compact EV market. These established players have built strong reputations and have captured the attention of eco-conscious consumers, leaving Ford with an uphill battle to fight.

To make matters worse, it's highly unlikely that any compact EVs Ford releases would find their way to the US market. Ford's focus in the United States has primarily been on crossovers, SUVs, and pickup trucks, aligning with the preferences of American consumers. It's evident that Ford has set its sights on dominating the larger vehicle categories, leaving the compact EV segment to others.

So, while the prospect of an electric Ford Fiesta may seem enticing, there are several hurdles for Ford to overcome. The potential competition from Tesla's Model 2 and the established players in the compact EV market could pose significant challenges. Furthermore, the company's US-centric strategy might limit the availability of any compact EVs Ford produces.

In conclusion, Ford's consideration of an electric Fiesta revival, potentially utilizing Volkswagen's MEB platform, showcases the company's willingness to adapt to the electric vehicle revolution. However, it remains to be seen whether Ford can navigate the treacherous waters of the compact EV market, especially with Tesla and other established players already firmly in place. Only time will tell if the Ford Fiesta can rise from its ashes and electrify the automotive world once again.

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