Ford launches $50B EV strategy with multiple supply deals

US carmaker Ford Motor Company has signed deals with a number of mining companies to secure the raw materials it needs for its new electric vehicle strategy.

Ford launches $50B EV strategy with multiple supply deals Ford launches $50B EV strategy with multiple supply deals Ford launches $50B EV strategy with multiple supply deals Ford launches $50B EV strategy with multiple supply deals Ford launches $50B EV strategy with multiple supply deals

Overnight, Ford announced a number of initiatives as part of its goal to reach 600,000 EVs by late 2023 and more than two million by the end of 2026.