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Friday, March 1, 2024

Ford CEO confident in electric-vehicle strategy, says automaker won’t ‘cede the future to anyone’

  • "We're not going to cede the future to anyone" when it comes to electric vehicles, Ford CEO Jim Farley told CNBC on Friday.
  • He said Ford's EV strategy is focused on investing in auto segments where it's "the dominant player."
  • Ford announced a day earlier it's boosting its EV investment to $22 billion through 2025.

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