Tuesday, June 9

Ford is preparing to “speed up” in the electric vehicle industry by setting a production target of around 600,000 units by 2023.

Ford’s ambitious project is not without reason, because the manufacturer from Uncle Sam’s country has just established a new partnership with a battery manufacturer.

Ford is confident that with this new partnership, it is able to achieve its annual target of producing 600 thousand units of electric vehicles next year and 2 million electric cars in 2026.

Investments disbursed reached 50 billion dollars, and so far Ford claims to have secured a battery capacity of 60 gigawatts / hour.

To reach this achievement, Ford revealed its strategy. First, Ford relies on the Mustang Mach-E in the American, European and Chinese markets with a target of 270.00 units to be sold.

Then, there are the F-150 Lightnings which are predicted to sell as many as 150,000 units in the American market. Then there is E-Transit in the American and European markets. Finally, there will be an all-new SUV EV unit which is claimed to be able to significantly boost sales.

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David Smith is an EV journalist at EVMagz.com, covering global developments in electric vehicle manufacturing, battery technology, charging infrastructure, and clean mobility policy. His reporting focuses on industry trends, technological advances, and the competitive landscape of the international EV market.

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