The new twin-turbocharged V6 will make 375 horsepower and an impressive 470 pound-feet of torque. That's 10 hp and 50 lb-ft more than the outgoing 3.5 liter V6. The engine will be mated to the 10-speed automatic transmission that was co-developed with General Motors. Ford hasn't yet released specifics on tow ratings or fuel economy, but we expect both metrics to improve. A high-output version of this engine making around 450 hp will power the upcoming F-150 Raptor.
In terms of performance, the F-150's closest competitor is the Chevrolet Silverado fitted with the 6.2-liter V8. That engine makes 460 lb-ft of torque, slightly less than the EcoBoost, but the Chevy's 420 hp does trump Ford's. The Ram 1500 EcoDiesel turns out 240 hp and 420 lb-ft of torque. The Nissan Titan XD equipped with the Cummins diesel V8 makes 555 lb-ft of torque, though it's a larger overall truck that doesn't compete directly against the F-150.
The 2017 F-150 goes on sale this fall. Pricing for the truck will be announced closer to its release.