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11/13/2020, 4:54 PM (Source: TeleTrader)
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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.

Breaking the News / GA