TELETRADER News
11/13/2020, 4:54 PM
(Source: TeleTrader)
Ford Motor Co-0.55%
Ford considering starting its own battery production - CEO
Ford Motor Company is considering manufacturing its own batteries for electric vehicles, the company's CEO Jim Farley asserted on Friday.
"We are discussing cell manufacturing. I think that’s natural as [electric car manufacturing] volume grows," Farley noted at Reuters Events broadcast.
On Thursday, Ford revealed its new all-electric 2022 E-Transit van that is expected to start selling in 2021.