Ford Follows Customers to Drive Profitable Growth; Reinvests in Trucks, Hybrids, Affordable EVs, Battery Storage; Takes EV-Related Charges
View original at finance.yahoo.comFord Follows Customers to Drive Profitable Growth; Reinvests in Trucks, Hybrids, Affordable EVs, Battery Storage; Takes EV-Related Charges Summary of Estimated Special Items…
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By 2030, approximately 50% of Ford's global volume will be hybrids, extended-range EVs and fully electric vehicles, up from 17% in 2025
80% confidenceFord Model e now expected to reach profitability by 2029 with improvements beginning in 2026
80% confidenceFord and its subsidiaries plan to hire thousands of people across America in next few years
80% confidenceFord plans to deploy at least 20 GWh annually by late 2027 for battery energy storage systems
80% confidenceThis is a customer-driven shift to create a stronger, more resilient and more profitable Ford. The operating reality has changed, and we are redeploying capital into higher-return growth opportunities: Ford Pro, our market-leading trucks and vans, hybrids and high-margin opportunities like our new battery energy storage business.
80% confidenceNext-generation F-150 Lightning EREV will have estimated 700+ mile range
80% confidenceThe F-150 Lightning is a groundbreaking product that demonstrated an electric pickup can still be a great F-Series. Our next-generation Lightning EREV is every bit as revolutionary. It keeps everything customers love – 100% electric power delivery, sub-5-second acceleration – and adds an estimated 700+ mile range and tows like a locomotive. It will be an incredibly versatile tool delivered in a capital-efficient way.
80% confidenceFord plans to bring initial battery energy storage capacity online within 18 months
80% confidenceFord expects to record about $19.5 billion in special items with the majority in the fourth quarter of 2025. The company expects about $5.5 billion in cash effects with the majority paid in 2026 and the remainder in 2027
80% confidenceFord plans to invest roughly $2 billion in the next two years to scale the battery energy storage business
80% confidence