Ford’s $30B investment in electric revs up in-house battery R&D

Ford’s $30B investment in electric revs up in-house battery R&D

The Ford+ plan exposes the new path car manufacturers will have to take if they want to keep up with an EV future. This investment “highlights our belief that production-feasible strong state batteries are within reach in this decade,” said Hau Thai-Tang, Ford’s chief item platform and operations officer, during the financier day.

The Ford+ strategy reveals the new course automakers will have to take if they desire to keep up with an EV future. This investment “underscores our belief that production-feasible strong state batteries are within reach in this decade,” stated Hau Thai-Tang, Ford’s primary item platform and operations officer, during the investor day.

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