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Ford CEO calls on U.S. government to support EV batteries, charging

Finance Materials 25 February 2021 03:44 (UTC +04:00)
Ford CEO calls on U.S. government to support EV batteries, charging

Ford Motor Co’s Chief Executive called on the U.S. government to support battery production and charging infrastructure development, as he outlined the automaker’s plan to develop electric platforms for its top-selling trucks, vans and SUVs, Trend reports citing Reuters.

“We need to bring large-scale battery production to the U.S.,” Ford CEO Jim Farley said at a financial conference, adding that he planned to highlight the issue in talks with government leaders.

Policy support for increased U.S. production of EV batteries and better charging infrastructure for electric commercial vehicles will help drive demand for those vehicles, Farley said.

Most of Ford’s profit comes from the sale of big pickups in the United States. The company plans to launch an all-electric version of its best-selling F-series pickup later this year, followed by an electric version of its large Transit van. Ford has not detailed electrification plans for its SUV lineup.

Ford will work with partners to develop electric vehicle architectures for less profitable vehicles in Europe and China, Farley said.

He said Ford expects to launch a commercial automated vehicle business by 2025 and is working now on a strategy that could include automated delivery of goods.

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