Ford CEO Jim Farley told Automotive Information that the firm is projecting to develop 600,000 EVs for every year, coming in next to Tesla, within 24 months. It’s a significant talk to for the firm, which now is powering in the EV race. It created just about eighteen,000 electric cars and trucks in the initial a few quarters of 2021. That implies it will have to develop about 30 occasions that many by the finish of 2023.
That seems like a lofty target, with the firm only producing a few EVs now: the F-one hundred fifty Lightning, the Mustang Mach-E, and the E-Transit van. Granted, they are all offering nicely. Farley additional that the new projected number will occur up in advance of its completion of Blue Oval Town, which we noted on in September.