May 26

Ford EV spend swells to $30bn as electric pickup reservations pass 70k

Posted in: Today's Chili

Ford has dramatically increased the amount it plans to spend on EVs, bumping the figure to $30+ billion by 2025 as it crashes through another reservation milestone for the new F-150 Lightning all-electric pickup. The increase comes as the automaker predicts 40-percent of its global sales volume to be all-electric by 2030, a goal which will involve expansive investment in … Continue reading

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