Ford Motor Company is set to address investor skepticism surrounding its ambitious electric vehicle (EV) growth plans during its upcoming Capital Markets Day. The automaker aims to provide details of how it intends to achieve its previously stated targets, such as an 8% EBIT margin on its EV unit and a production run rate of 2 million.
The company has stated its commitment to investing in EVs and autonomous vehicles, as well as its aspirations of becoming the world’s most trusted mobility company.
Ford will use the Capital Markets Day to outline its plans to investors, giving them the opportunity to gain clarity on the company’s efforts to transition to an electric vehicle leadership position. It is hoped that this will give investors the chance to understand Ford’s plans for achieving its goals.
“Our Capital Markets Day is an important opportunity to further explain our plans to become the most trusted mobility company and deliver profitable growth,” said Jim Farley, Ford’s President and CEO.
At its Capital Markets Day, Ford is expected to provide further details on how it plans to achieve its previously stated targets, which include an 8% EBIT margin on its EV unit and a production run rate of 2 million. The event is likely to be a crucial opportunity for the company to convince investors of its commitment to electric vehicles and autonomous vehicles.
The post Ford to Present Electric Vehicle Aspirations to Skeptical Investors first appeared on BusinessMole.
