Ford's Farley stokes stock with his $30bn bid in EV race
MONEYWEB app instead? Fordâs 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 companyâs 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 automakerâs Capital Markets Day an...