Ford to Provide Electric Vehicle Plan Update Thursday

Rhea-AI Summary

Ford Motor Company, based in Dearborn, Mich., will update its Ford+ plan aimed at leading the electric vehicle (EV) revolution on Thursday, July 21, at 8:00 a.m. ET. Key executives will outline plans to increase global EV production to a run rate of 600,000 vehicles, escalating to over 2 million EVs annually by 2026. The event will include a live conference call and a Q&A session. Investors and media can participate via a toll-free number or through a webcast.

Positive

• Plans to achieve a global production run rate of 600,000 electric vehicles (EVs) by 2023.
• Aiming for over 2 million EVs in annual production by 2026.

Negative

• None.

DEARBORN, Mich.--(BUSINESS WIRE)-- Ford Motor Company on Thursday will share an update on the Ford+ plan to lead the electric vehicle revolution.

Ford will host a conference call for members of the media and investment community at 8 a.m. ET. Key Ford executives will provide details on how the company is building out its industrial system to reach a global production run rate of 600,000 EVs, growing to more than 2 million EV annual global run rate by 2026. A Q&A session will follow the presentation.

The conference call will be webcast live. Information on how to join can be found here:

Thursday, July 21, at 8:00 a.m. ET
Link: Media & Capital Markets webcast
Participant Dial in (Toll Free):	1-844-282-4573
Participant International Dial in:	1-412-317-5617
Ask to join the Ford call.
*NOTE: In order to participate in Q&A you will need to be online and dial into the conference line*
Replay
US Toll Free:	1-877-344-7529
Replay Access Code:	2232624
To access the replay using an international dial-in number, please select the link below.

More information will be available at shareholder.ford.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005988/en/

Martin Günsberg

313.316.5319

mgunsber@ford.com

Lynn Antipas-Tyson

914.485.1150

ltyson4@ford.com

Source: Ford Motor Company

FAQ

What is the Ford+ plan update scheduled for July 21, 2023?

Ford will provide an update on its Ford+ plan to enhance its electric vehicle production capabilities, targeting a run rate of 600,000 EVs.

How many electric vehicles does Ford plan to produce by 2026?

Ford aims to increase its annual global production run rate of electric vehicles to over 2 million by 2026.

What time is the Ford conference call on July 21?

The Ford conference call is scheduled for 8:00 a.m. ET on July 21, 2023.

How can I join Ford's conference call on July 21?

Participants can join the conference call by dialing 1-844-282-4573 (toll-free) or 1-412-317-5617 (international).