Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP
Green Car Congress
JULY 22, 2022
The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan. Ford plans to invest more than $50 billion in EVs through 2026, targeting total company adjusted EBIT margins of 10% and 8% EBIT margins for EVs by 2026. 150,000 F-150 Lightnings for North America.
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