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Ford's Farley stokes stock with his $30bn bid in EV race - Vimarsana News

Ford's Farley stokes stock with his $30bn bid in EV race

MONEYWEB app instead? Ford’s latest moves come after its splashy introduction last week of its electric F-150 Lightning pickup. By Keith Naughton, Bloomberg 27 May 2021  08:06  Image: Jeff Kowalsky/AFP/Getty Images Ford Motor Co. Chief Executive Officer Jim Farley made a bold bid for electric supremacy Wednesday by boosting his company’s bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup. Investors, who have long viewed Ford as an EV laggard, liked what they heard during the automaker’s Capital Markets Day an...

Bigger EV push, new commercial vehicle business part of Ford's growth plan - Vimarsana News

Bigger EV push, new commercial vehicle business part of Ford's growth plan

"This is our biggest opportunity for growth and value creation since Henry Ford started to scale the model T," Ford CEO Jim Farley said.

Ford boosts electrification spending; expects 40% of global sales to be EV by 2030 - Vimarsana News

Ford boosts electrification spending; expects 40% of global sales to be EV by 2030

Ford is also doubling-down on its commercial business, expecting to nearly double the $27 billion in revenue earned in 2019.

Ford Details EV Strategy: Ford+ Plan Includes Li-Ion, LFP, Solid-State Batteries - Vimarsana News

Ford Details EV Strategy: Ford+ Plan Includes Li-Ion, LFP, Solid-State Batteries

Inspired by Tesla, the Ford Motor Company has confirmed that will use LFP batteries in all-electric commercial vehicles. The lithium-iron-phosphate battery cells are called IonBoost Pro, and they will be joined by the IonBoost lithium-ion batteries and Solid Power solid-state batteries.

Ford Expects 40% Of Its Global Vehicles Electric By 2030; Raises Electrification Spending - Vimarsana News

Ford Expects 40% Of Its Global Vehicles Electric By 2030; Raises Electrification Spending

DEARBORN (dpa-AFX) - Ford Motor Co. (F) said that it expects 40% of its global vehicle volume to be fully electric by 2030, including from Mustang Mach-E. It is accelerating investments and increasing