11 C
New York
Monday, October 3, 2022

Buy now

spot_img

Ford to Cut 3,000 Jobs to Fund Shift Toward Electric Vehicles


Ford plans to build 2 million electric vehicles a year by the end of 2026, up from less than 64,000 last year, as it seeks to catch EV leader Tesla Inc. To finance its ambitions, Farley has said he wants to make more money on traditional gasoline-fueled vehicles like the Bronco sport-utility vehicle. He has repeatedly said the company has too many workers.





Source link

Related Articles

Stay Connected

0FansLike
3,510FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles