So far, consumers are willing to pay higher prices for what they want
The point at which shoppers say enough is enough and stop spending after price rises on a range of discretionary products hasn’t been reached yet.
Source: afr.com
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Ford identified Ningde Times as a battery supplier, which will work with BYD and other companies to help Ford achieve electric transformation._SMM
[Ford confirmed that Ningde era is a battery supplier, which will help Ford achieve electric transformation with BYD and other companies.] Ford raised higher expectations for a full transition to electrification. At a recent investor conference, Ford said it plans to increase its electric vehicle production capacity to 600000 vehicles a year within two years, making it the second largest electric vehicle manufacturer in the world.
Source: metal.com