American automobile manufacturer Ford (F) is taking commendable steps in shifting from internal combustion engines (ICE) vehicles to electric vehicles (EV), to remain relevant in the changing automobile market. Earlier this year, the company upped its investment towards this effort to $30 billion, in order for 40% of its global vehicle volume to become all-electric by 2030. The Mustang Mach-E is already gaining popularity among consumers. The upcoming lineup of EVs, including the F-150 Lightning Electric truck, Maverick hybrid pickup, and E-Transit also spark optimism. Yet, Ford is not among the top names that come to our mind when we hear “EV.
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Ford Motor (NYSE:F)
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Ford Motor (NYSE:F)
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From Jan 2021 to Jan 2022 Click Here for more Ford Motor Charts.