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
Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. Ford and CATL—the world’s largest battery producer—have signed a separate non-binding MOU to explore a cooperation for supplying batteries in Ford’s markets across China, Europe and North America.
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