Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Instagram Outage Disrupts Thousands of U.S. Users 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Ford is revealing a new electric sports crossover next week, built on Volkswagen's MEB platform. This new model follows the Electric Explorer and promises exciting features.
Ford's New All-Electric Sports Crossover Set to Revive the Iconic Capri Legacy
Ford is already preparing to introduce another electric vehicle (EV) after completing the first all-electric Explorer at its new Cologne EV facility in Germany this week, per Electrek.
Ford's upcoming electric vehicle (EV), a 'sports crossover,' is a significant outcome of the 2020 agreement with Volkswagen. This partnership allows Ford to utilize Volkswagen's MEB platform, the same foundation used for the ID series, to produce this new EV.
Although Ford initially announced that it would introduce an electric vehicle (EV) as a successor to the Mustang Mach-E, which ultimately became the electric Explorer, it was later disclosed that a second model was in the works.
Media reports indicate that Ford has yet to confirm the vehicle's name, which is speculated as Capri. Ford's Capri was an immediate success in 1969, with more than 400,000 units sold within its initial two years. By 1974, 1.2 million Ford Capris had been sold.
The iconic fastback coupe is on the brink of a comeback as an all-electric sports crossover built on VW's MEB platform.
Ford's Capri EV Sports Crossover Debut, Featuring Advanced MEB Platform
According to Automotive News, Ford will introduce the new Capri EV sports crossover on July 10, 2024.
The Capri EV, observed in testing last year, has a long wheelbase and a wide stance, resembling numerous MEB-based vehicles. It is similar to the Cupra Tavascan, another electric SUV built on VW's MEB platform.
According to the report, the Capri and Explorer EVs will be comparable to VW's ID.4 and ID.5. The electric Explorer boasts a range of up to 374 miles (600 km) with a new battery.
Volkswagen's GTX models are powered by the same 335 hp powertrain used in the dual-motor Explorer EV, equipped with a 79-kWh battery. The single-motor variant is priced at £45,875 ($58,000), while a standard range model will be available later, with a starting price of approximately £39,875 ($50,000).
Photo: Yunus Yildiz/Unsplash
