Ford Says Making Its Own Parts for Electric Vehicles Could Offset Job Losses

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Ford Says Making Its Own Parts for Electric Vehicles Could Offset Job Losses
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CEO Jim Farley compared the insourcing to the early days of the auto industry Ford controlled most, if not all, of the components going into a vehicle.

Ford CEO Jim Farley said the company would be"thrilled" to have union representation at its battery plants, as the automaker attempts to source as many of its own parts as possible for EVs.

Farley compared Ford's latest efforts to source its own parts to the early days of the auto industry, when companies including Ford controlled most, if not all, of the components going into a vehicle.

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