Ford Motor Company (F): Market Chatter: Ford Motor to Unveil Two...

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John-Knee

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Tuesday, 05/25/2021 3:32:33 PM

Tuesday, May 25, 2021 3:32:33 PM

Market Chatter: Ford Motor to Unveil Two New EV Platforms at Capital Markets Day
2021-05-25 01:42:55 PM ET (MT Newswires)

01:42 PM EDT, 05/25/2021 (MT Newswires) -- Ford Motor Company (F) is set to unveil two all-electric vehicle platform plans at its Capital Markets Day on Wednesday, Reuters reported on Tuesday, citing sources familiar.

One of the platforms will be for full-size trucks and SUVs while another for cars and smaller SUVs, the report said. Ford said it does not comment on future product speculation, according to the report.

Earlier this year, Ford said it plans to invest at least $22 billion through 2025 to deliver all-electric vehicles.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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