Photo by Andrew Hawkins / The Verge
Just a few months after announcing a “radical” split structure placing its electric vehicle future in a new segment called Model E, Ford is discussing more details about sourcing battery production capacity and the basic raw materials to power all of those EVs. Its run rate by late 2023 will need to support the production of 270,000 Mustang Mach-Es, 150,000 Transit EVs, 150,000 F-150 Lightnings, and 30,000 units of a mystery all-new mid-size SUV destined for release in Europe.
What it did not mention, however, is a report from Bloomberg on Wednesday indicating that the company is planning to lay off as many as 8,000 people from the Ford Blue segment that is now responsible for its legacy internal combustion engine-powered businesses.
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