Since you referenced the Explorer, there is a very lengthy thread (24 pages, 477 posts) on paint bubbling issues on the hood of them (2011-2015). It is all the same, bubbles underneath where the rubber gasket is and works its way to the lip and curls up and starts peeling off the front of the hood.
Only fix is for Ford to replace the hood and repaint because it is contaminated.
https://www.explorerforum.com/forums/showthread.php?t=326943
Can't speak about the new F150.