Shortly after Ford stopped producing the sub-compact Fiesta in Europe, CEO Jim Farley has said that he has tasked his team with coming up with a plan to develop a small, affordable EV to make the company's EV business more profitable. https://www.notebookcheck.net/Ford-CEO-admits-small-affordable-EVs-key-to-compete-with-Tesla-Model-2-rising-red-tide-without-burning-money.803754.0.html
Guy's a moron for killing off the Focus and Fiesta not to mention Mondeo and Falcon. Could have made hybrid versions of the Focus and Fiesta range including the ST versions that would have sold in far better numbers. They also killed off the hybrid Mustang after promising it for 4 years. Just another meh company making ugly SUV's and utes.