Ford Motor Exec Says Co Plans Low Cost Batteries For Commercial EVs
Portfolio Pulse from Happy Mohamed
Ford Motor plans to develop low-cost batteries for commercial electric vehicles (EVs), according to a company executive.

May 22, 2023 | 1:32 pm
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Ford Motor's plans to develop low-cost batteries for commercial EVs could potentially increase the company's market share in the EV sector.
Ford's plans to develop low-cost batteries for commercial EVs could make their vehicles more attractive to businesses looking to reduce costs and transition to electric fleets. This could potentially increase Ford's market share in the EV sector and positively impact their stock price in the short term.
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