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Foxconn is among the technology companies targeting EVs as a source of growth beyond low-margin electronics assembly.

You're going to get an economy flight to space, but that's sort of the natural pattern of things. and so, it takes a little patience. space flight is younger than i am. it is still a new technology for all of us. and i think the work that has been done in the last 20 years to make this rocket ship to allow captain kirk to fly into space, that's an indication of where our technology is going right now. >> yeah, i want to ask about those significant leaps that we have seen in space flight over just the past few months. you told our team this morning that the technological advances have outpaced ...

Inventors and Inventions of the Industrial Revolution

>> reporter: in a brand-new plant in michigan, the future of ford is already rolling out. the all electric version of the f-150, the best selling vehicle in america with 150,000 orders now ford tells nbc news exclusively it is going all-in on electric, pledging that within nine years 40% of its fleet will be battery powered. 113 years after the model t first hit the road -- >> they're going to love it. >> reporter: -- henry ford's great grandson, chairman bill ford, says this is ford's new model t moment. >> because everything is changing. my great grandfather saw our industry five years ago, ...

Investment you're making now, is it still a risky path? or do you feel better about this one? >> of course it's. risky anytime you bet on a future, it's by definition risky. but it's a bet that i would make any day of the week because the battery industry is coming to america and we just want to be at the forefront of it. >> with going green now a corporate mandate, all major automakers are promising more electric vehicles. ford is putting the shovel in the dirt and driving innovation along the way. henry ford invented the assembly line more than 100 years ago, but this is the prototype for th...