News
Ford details new E-Transit van: under $45,000, but only 126 miles of range
Ford has unveiled its E-Transit Van on the heels of announcing a $100 million investment into its Kansas City Assembly Plant for electric vehicle manufacturing. The all-electric version of the world’s best-selling cargo van will start under $45,000 and will pack 266 horsepower with 317 lb.-ft. of torque, but if long-range ratings are needed, other options may be more suitable. The E-Transit van will pack just 126 miles of range per charge in its low-roof cargo van variant.
However, the E-Transit van does have its fair share of technological advantages that will help businesses manage their fleet of all-electric vans thanks to a series of Pro Power Onboard options. Utilizing SYNC® 4, owners will have the ability to manage charging transactions, telematics services, and more. The addition of a mobile generator with up to 2.4 kilowatts of available power will assist construction workers in recharging things like saws and drills.
Thanks to 30 million miles of telematics data delivered by customers, Ford felt its range for the E-Transit van was sufficient. While other variants of the commercial vehicle may pack more range than the low-roof configuration, there are no estimates from the automaker as of right now.
Ford reveals the 2022 E-Transit – an all-electric version of the world’s best-selling cargo van – featuring next-level connected vehicle technology with Built Ford Tough capability and electric vehicle-certified dealer support, all for a price starting under $45,000
Nevertheless, the automaker’s CEO, Jim Farley, believes that Ford’s advantage lies in its reputation for delivering the most popular commercial trucks and vans in large markets.
“Ford is North America and Europe’s commercial truck and van leader, so the transition of fleet vehicles to zero emissions, especially for the fast-growing last-mile delivery segment, is critical to achieve our carbon neutrality goal by 2050,” Farley said. “Ford is ready to lead the charge, starting with the all-electric Transit and all-electric F-150 on the way. This is good for the planet and a huge advantage for customers to help lower their operating costs and provide connected fleet management technologies that will help their businesses.”
Like the original Transit Van, the E-Transit will feature the same cargo dimensions and interior mounting points, allowing for the easy installation and integration of racks, bins, and other accessories.
Ford reveals the 2022 E-Transit – an all-electric version of the world’s best-selling cargo van – featuring next-level connected vehicle technology with Built Ford Tough capability and electric vehicle-certified dealer support, all for a price starting under $45,000
In terms of charging, the E-Transit will have AC and DC fast charging and will come standard with a Ford Mobile Charger. The Mobile Charger can plug into both a 120-volt outlet and a 240-volt, giving owners charging versatility and wider availability.
Ford also details charging speeds in its press release:
“On a 115-plus-kilowatt DC fast charger, E-Transit cargo van low-roof models can achieve approximately 30 miles of range in 10 minutes and approximately 45 miles of range in 15 minutes6. When plugged into a 240-volt outlet, E-Transit cargo van low-roof models achieve approximately 10 miles per charging hour using the Ford Mobile Charger. Employing a Ford Connected Charge Station brings the number up to approximately 15 miles per charging hour.”
Perhaps the biggest advantage of buying the E-Transit as opposed to the gas-powered version of the car is the less frequent maintenance schedule, which Ford highlighted in a press release:
“E-Transit will not only help companies operate with the benefits of electrification, it offers clear business advantages. Scheduled maintenance costs for the all-electric Transit are estimated to be 40 percent less than the average scheduled maintenance costs for a gas-powered 2020 Transit over eight years/100,000 miles3. And with lower maintenance requirements and the opportunity to avoid fill-ups, companies can improve customer uptime and productivity.”
Ford plans to begin deliveries of the E-Transit van by the end of 2021.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla gives its biggest signal yet that Cybercab launch is imminent
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
