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04 Feb
21:30

Ford doubles EV commitment to $22 billion

Big Three US automaker Ford says it plans to double-down on its electric vehicle (EV) commitment, putting at least $22 billion into the strategy through 2025, Kallanish understands. “We are accelerating all our plans – breaking constraints, increasing battery capacity, improving costs and getting more electric vehicles into our product cycle plan,” says ceo Jim Farley in the company’s 2020 earnings review. “People are responding to wh…
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