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Jim Farley to Discuss Industrial & Societal Shift Needed to Transition to EV Future at Morgan Stanley Sustainable Finance Summit
DEARBORN, Mich., May 17, 2023 – Ford President and Chief Executive Officer Jim Farley will discuss the opportunities and challenges of the global shift to electrification at a fireside chat at the Morgan Stanley Sustainable Finance Summit. The session hosted by the bank’s Managing Director Regina Savage will take place on Thursday, May 25, at 10:15 a.m. EDT.
Farley will answer questions about the industry-wide transformation needed to create a more equitable and sustainable zero-emissions transportation future, and how he is revolutionizing a 120-year old purpose driven company to lead the revolution.
Ford is investing more than $50 billion from 2022 through 2026 in electric vehicles and battery components. It is on track to reach an annual targeted production run rate of 600,000 electric vehicles globally by the end of 2023, and 2 million by the end of 2026. Electric vehicles are expected to account for half of the company’s sales by 2030.
The fireside chat can be viewed online. Additional information is available at shareholder.ford.com.
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About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough electric vehicles along with embedded software that defines exceptional digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford provides financial services through Ford Motor Credit Company. Ford employs about 174,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.