Ford has announced plans to unveil “breakthrough” electric vehicles (EVs) to be built in the US at an 11 August event in Kentucky, with Chief Executive Jim Farley promising a “Model T moment” for the company. The announcement came as Ford reported Q2 revenue of US$50bn, beating expectations despite an US$800m tariff impact and continuing EV losses.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?