ELECTRIC SHOCK: Ford is handling a string of deals and projects — from gas to electric.
with Albemarle Energy storage on Monday for supplies of enough lithium hydroxide to support the manufacture of batteries for three million electric vehicles between 2026 and 2030.EV portfolio"With the growing demand for EVs in the United States, our customers are seeking to regionalize their supply chain for greater security, sustainability and lower costs," said Eric Norris, president, Albemarle Energy Storage.
The Ford F-Series is the best-selling model in the world and primarily offered with internal combustion engines. "The Ford Blue lineup is stronger than ever," CEO Jim Farley said. "I don't think people understand the opportunity we have with Blue."Ford CEO Jim Farley spoke at the automaker's Capital Markets Day event.
"The resilience of our product portfolio in the face of EV adoption is remarkable," Galhotra said, highlighting the particular strengths of the internal combustion engine models.Ford Blue president Kumar Galhotra said"the strength of our portfolio makes Ford Blue a growth business."Part of that profit will come from the popular, "capital efficient" derivatives of each model.
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