Ford Motor Co has reversed course and it is now considering making a unique battery pack cells as sales volumes of electric vehicles increase all over the world, the automaker’s top professional stated on Friday.
“we have been discussing (battery pack) mobile manufacturing,” Ford Chief Executive Officer Jim Farley said Friday on Reuters Automotive Summit teleconference. “i believe that is natural as (EV) volume grows.”
Because recently as last July, then-CEO Jim Hackett stated there was clearly “no benefit” to Ford making a unique battery cells.
Meanwhile, other automakers, including General Motors and Tesla, are spending billions of dollars in their own battery cell production flowers to supplement production from companies. The batteries for Ford’s first revolution of EVs, for instance the Mustang Mach-E, comes from outside suppliers.
Industry analysts have presented sometimes conflicting views on whether battery cellular manufacturers can match an anticipated acceleration of demand for electric automobiles through 2025 and beyond.
While Ford‘s publicly established electric car production plans so far have remained relatively modest, GM and Hyundai engine Co have said they plan to be building and selling one million electric vehicles per year by 2025, and Volkswagen AG has targeted yearly product sales of 3 million EVs by then for all its worldwide brands.