Ford Boosts EV Spending To $50 Billion, Sets Up New Model e Unit

The reorganization and additional investment comes as Chief Executive Jim Farley bets aggressively on the company's electrification str...

The reorganization and additional investment comes as Chief Executive Jim Farley bets aggressively on the company's electrification strategy. Farley said Ford plans to build more than 2 million EVs in 2026. Doug Field will lead Ford Model e's product development.


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