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Ford announced a new EV manufacturing process and platform aimed at producing more affordable electric vehicles.

Ford's new "assembly tree" process is expected to increase efficiency and reduce costs, but analysts remain cautious, citing execution and software challenges.

Ford aims to compete with Chinese automakers through ingenuity and efficiency, not by lowering labor costs.

When Ford Motor Co. CEO Jim Farley took the stage at the company's Louisville Assembly Plant in Kentucky on Aug. 11, he referenced company founder Henry Ford and the Model-T car multiple times. After all, he had promised Wall Street analysts last month that the Aug. 11 announcement would be a "Model-T moment."

Farley's big news was that Ford had innovated a new electric vehicle manufacturin

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