Ford To Produce
Globally By 2023!
By Ritesh B
Ford recently stated intentions to
increase global supply
of electric vehicles to
600,000 units a year
The manufacturer claims that in addition to the present nickel cobalt Mn (NCM) packages, it will start using
lithium ferrous phosphate (LFP)
Over the coming few years, market for EVs is anticipated to
By 2024, Ford will switch to
newer, cheaper batteries
in the F-150 Lightening and the Mustang Mach-E.
In order to increase the Raptor-low- R's and semi power, the carmaker
modified the supercharger and changed its pulley.
Ford made the decision to spend an
extra $20 billion
on electric vehicles until 2026.
To meet its productivity goals of 2023, the carmaker also intends to take use of its
connections with LG Renewable Technologies and SK Power.
By 2026, CEO Jim Farley, plans for price cuts of up to
for further progress.