The EV Market Will Be ‘Way Smaller’ Than Expected, Says Ford CEO. The Billions Being Invested Are in Jeopardy.

Published 1 month ago Positive
The EV Market Will Be ‘Way Smaller’ Than Expected, Says Ford CEO. The Billions Being Invested Are in Jeopardy.
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Farley was speaking at his company’s Ford Pro Accelerate event in Detroit on Tuesday morning. Improving the “essential economy” would be good for Ford, since it sells a lot of trucks to small businesses. Ford’s commercial division, called “Ford Pro,” reported second-quarter operating profit of $2.3 billion.

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