Where Will Ford Be in 3 Years?
There's a lot of transition in the auto industry right now, but no other legacy car manufacturer may be undergoing bigger shifts than Ford (NYSE: F). The company recently announced that it will use a new production process to build and launch an entirely new electric vehicle (EV) lineup, beginning with a pickup truck that costs around $30,000.
It's an ambitious plan, and Ford hasn't laid out all the details yet, but it's clear that this is the company's roadmap over the next few years. For that reason, it's worth diving into what Ford has said about its plans, as well as some of the biggest challenges it'll face.
Image source: Ford.
Source Fool.com
