Ford unveiled its new Maverick compact pickup truck, priced at around $20,000.
According to the automaker, Maverick, with a standard hybrid engine, has a standard 1,500-pound (6,800-kilo) payload capacity and 2,000 pound base towing capacity.
The starting price of the vehicle is $19,995, or $21,490 including mandatory shipping charges.
Ford is expecting the hybrid version of the 2022 Maverick to contribute about 40% of demand, according to a Reuters report.
"The Maverick gives you the best of both worlds," Ford mentioned on its website. "Compact on the outside, but still big enough on the inside to seat five and store all your stuff."