Ford promised their announcement of a new “universal” EV platform, along with a low-cost light pickup truck, would be another “Model T” moment in automaking history. Ford didn’t show us the truck, just teased various attributes,

Ford is famous for its Model-T, where the invention of the production line was born and mass-produced cars essentially began. The company is now saying that jump forward is coming again, only for electric vehicles.

Ford Motor Company will invest nearly $2 billion to convert a longtime auto manufacturing plant in Louisville to build electric vehicles from a new platform adaptable to multiple vehicle types, aiming to launch a mid-sized EV pickup truck by 2027.