Ford is developing a long range electric vehicle that is set to take on the models already developed by the likes of Chevrolet and Tesla.
Ford’s intention to produce an improved electric car model were signalled by CEO Mark Fields during the company’s recent 2016 first quarter earnings conference call, with the automotive giant reporting its best quarter ever first quarter pre-tax profit of US$3.8bn (up $2.1bn from a year ago). During the call, Mr Fields suggested that Ford is preparing to enter…
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