Ford CEO Jim Farley pats a Ford F-150 Lightning truck earlier than saying at a press convention that Ford Motor Firm will likely be partnering with the world’s largest battery firm, a China-based firm known as Modern Amperex Know-how, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan.
Invoice Pugliano | Getty Photographs Information | Getty Photographs
Ford Motor (F)’s choice to halt manufacturing and shipments of its electrical pickup truck additional undermines our confidence within the automaker. We have now little endurance left for extra missteps and are able to ditch this long-held holding if there is not a big turnaround this quarter.