Ford President Kumar Galhotra discussed electric vehicle production on Thursday, noting that the car manufacturer hopes to produce 2 million EVs by the end of 2026.
Ford President Kumar Galhotra explains what it would take to get the cost of an electric vehicle down for consumers.
"All of us would have installed sufficient capacity for electric vehicles and the technology costs would be coming down, battery costs will be coming down," he explained. Ford wants to produce 2 million electric vehicles every year globally by the end of 2026 as inflation sits near 40-year highs.
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