Ford bounces back from 2020 loss despite reduced volumes in 2021 | Autocar

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Ford bounces back from 2020 loss despite reduced volumes in 2021 | Autocar
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Ford bounces back from 2020 loss despite reduced volumes

. Capacity expanded three times over the past 10 months and it is expected to more than double compared with originally contracted volumes by the end of 2022.

"We're breaking constraints to deliver every one of them as fast as we can," said Farley, vowing to boost EV manufacturing capacity to at least 600,000 units by 2023 with a view to achieving a 40% EV sales mix by 2030. “Look at where we’re guiding in 2022,” he said. “It shows the strength and the momentum of the business.”

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