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Why Ford is betting $5 billion on EVs

Posted

July 10, 2026

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As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next generation of EVs that CEO Jim Farley has described as industry-defining products.

CNBC's Michael Wayland explains.

Guests & Subjects Covered

Ford MotorCEO Jim FarleyCNBC's Michael Wayland

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Why Ford is betting $5 billion on EVs · Cnbc · Sentinel