Ford To Announce New Battery Raw-Material Definitive Agreements, Strengthening Ford's Sourcing To Produce 2M EVs By End Of 2026 - And Beyond
Portfolio Pulse from Charles Gross
Ford announces new battery raw-material definitive agreements to strengthen its sourcing and produce 2 million EVs by the end of 2026.
May 22, 2023 | 10:07 am
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POSITIVE IMPACT
Ford's new battery raw-material agreements will support its goal of producing 2 million EVs by 2026.
Ford's new agreements for battery raw materials will help secure the necessary resources for its ambitious EV production goals. This will likely have a positive impact on Ford's stock price as it demonstrates the company's commitment to the growing EV market and its ability to secure the required materials.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100