Ford Motor Company (NYSE:F) committed to some capital intensive strides towards more EV production. Today, we will note the latest developments, as well as analyze investor sentiment and stock price.
Today, Ford announced the expansion of their European EV operations:
- Introduce 3 new passenger and 4 commercial EVs by 2024
- Target 600k EV sales in EU by 2026
- 2mln global EV production target, 10% adj. EBIT by 2026
- 2bn expansion of Cologne plant to 1.2mln EV capacity
- New partnered EV battery…
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