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Motor1
Motor1
Business
Anthony Alaniz

Ford To Produce 600,000 EVs Globally By 2023, 2 Million By 2026

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Between May 2021 and March 2022, Ford decided to invest an additional $20 billion into EVs through 2026, bringing the Blue Oval's total to $50 billion. Ford's big EV spending spree is just beginning, with the automaker announcing today that it plans to produce 600,000 EVs by the end of 2023. Ford hopes to increase that number to two million by the end of 2026.

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