
Ford Motor Co (NYSE:F) CEO Jim Farley said on Tuesday the legacy automaker aims to challenge Tesla Inc (NASDAQ:TSLA) as it looks to boost its lineup of electric-vehicle offerings.
What Happened: Ford is on track to deliver over 2 million electric vehicles a year by 2026 and is working on another electric pickup, Farley said at the product launch event for the electric F-150 Lightning pickup being held at the Rouge Electric Vehicle Center at its Dearborn, Michigan plant.