Ford Is About to Make a Big Strategic Decision

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Ford (F) – Get Ford Motor Company Report desires to go quick.

The automotive group doesn’t conceal its ambitions to be one of many largest producers of electrical autos inside 5 years. The corporate, run by Chief Govt Jim Farley, has promised to construct two million EVs yearly by 2026.

4 years earlier than this goal, the corporate has an extended technique to go. Ford delivered fewer than 7,000 electrical autos within the U.S. within the first quarter, primarily the Ford Mustang Mach-E SUV.

However issues ought to change within the second quarter, with the scheduled April 26 begin of manufacturing and deliveries of the long-awaited F-150 Lightning electrical pickup. E-Transit also needs to make it attainable to increase gross sales.





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