Ford CEO: Electric vehicle demand will transform industry - News Summed Up

Ford CEO: Electric vehicle demand will transform industry


A new electric version of Ford's immensely popular F-150 pickup truck might just be the catalyst that hastens the transition from petrol to battery-powered vehicles. Jim Farley, the company's new CEO, calls the introduction of an electric version of America’s top-selling vehicle a watershed moment for Ford as well as for the auto industry. Carlos Osorio/AP Jim Farley, Ford Motor Company's chief executive officer, stands next to the company's new Ford F-150 Lightning. The Associated Press spoke recently with Farley about electric vehicle sales and a global chip shortage that has hindered auto production. Jeff Kowalsky/Bloomberg Farley says the key to going electric with the F-150 is scale – Ford sells a lot of them.


Source: Stuff May 25, 2021 00:55 UTC



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