Ford Dealers Are Adding Roughly 1,800 Public-Facing Fast-chargers And Locations To The Blueoval Charge Network By Early 2024; On Track To Triple F-150 Lightning Production By End Of This Year To An Annual Rate Of About 150,000 Units
Portfolio Pulse from Happy Mohamed
Ford plans to add 1,800 public-facing fast-chargers to the BlueOval Charge Network by early 2024 and triple F-150 Lightning production to an annual rate of 150,000 units by the end of this year.
June 08, 2023 | 2:37 pm
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Ford's expansion of the BlueOval Charge Network and increased F-150 Lightning production may boost investor confidence and stock price.
Ford's commitment to expanding its charging network and increasing production of the F-150 Lightning demonstrates the company's focus on electric vehicles, which is a growing market segment. This may lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100