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SVTPerformance's Chain of Restaurants
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Ford to Reveal All-Electric F-150 Lightning May 19 with Livestreamed Event at Ford HQ
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<blockquote data-quote="Weather Man" data-source="post: 16625292" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3700252-ford-rallies-as-ambitious-all-electric-plans-confirmed-at-investor-event" target="_blank">Ford rallies as ambitious all-electric plans confirmed at investor event</a></p><ul> <li data-xf-list-type="ul">Ford (NYSE:<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) is holdings its highly-anticipated <a href="https://seekingalpha.com/pr/18333659-superior-value-from-evs-commercial-business-connected-services-is-strategic-focus-of-today-s" target="_blank">Capital Markets Day event</a> this morning.</li> <li data-xf-list-type="ul">The Detroit automaker confirms its electric transformation with an announced plan for 40% of all Ford volume to be all-electric by 2030. The company also boosts its electrification spending forecast to +$30B by 2025.</li> <li data-xf-list-type="ul"><span style="font-size: 18px"><span style="color: #ff0000"><strong>Ford points to its +70K reservations for the F-150 Lightning as an indication of strong consumer interest in Ford EVs. The company notes that E-Transit commercial vans will be on the road later this year.</strong></span></span></li> <li data-xf-list-type="ul">Ford also announces the creation of Ford Pro vehicle services and distribution business, which it says will be fully dedicated to high productivity requirements of commercial and government customers.</li> <li data-xf-list-type="ul">During the presentation, Ford will outline more details on the new BlueOvalSK joint venture with SK Innovation to manufacture battery cells and arrays at two plants in the U.S. for future Ford and Lincoln vehicles.</li> <li data-xf-list-type="ul">More reveals are anticipated during the presentation.</li> <li data-xf-list-type="ul">Despite the heavy EV investments, Ford expects to deliver an 8% adjusted EBIT margin in 2023.</li> <li data-xf-list-type="ul">Ford is 2.26% higher in premarket action and is up 5.52% for the last week.</li> <li data-xf-list-type="ul">Ford is one of the headliners in <a href="https://seekingalpha.com/news/3699216-seeking-alpha-catalyst-watch" target="_blank">Seeking Alpha's Catalyst Watch list of stocks that could see some action this week.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16625292, member: 137766"] [URL='https://seekingalpha.com/news/3700252-ford-rallies-as-ambitious-all-electric-plans-confirmed-at-investor-event']Ford rallies as ambitious all-electric plans confirmed at investor event[/URL] [LIST] [*]Ford (NYSE:[URL='https://seekingalpha.com/symbol/F']F[/URL]) is holdings its highly-anticipated [URL='https://seekingalpha.com/pr/18333659-superior-value-from-evs-commercial-business-connected-services-is-strategic-focus-of-today-s']Capital Markets Day event[/URL] this morning. [*]The Detroit automaker confirms its electric transformation with an announced plan for 40% of all Ford volume to be all-electric by 2030. The company also boosts its electrification spending forecast to +$30B by 2025. [*][size=5][color=#ff0000][b]Ford points to its +70K reservations for the F-150 Lightning as an indication of strong consumer interest in Ford EVs. The company notes that E-Transit commercial vans will be on the road later this year.[/b][/color][/size] [*]Ford also announces the creation of Ford Pro vehicle services and distribution business, which it says will be fully dedicated to high productivity requirements of commercial and government customers. [*]During the presentation, Ford will outline more details on the new BlueOvalSK joint venture with SK Innovation to manufacture battery cells and arrays at two plants in the U.S. for future Ford and Lincoln vehicles. [*]More reveals are anticipated during the presentation. [*]Despite the heavy EV investments, Ford expects to deliver an 8% adjusted EBIT margin in 2023. [*]Ford is 2.26% higher in premarket action and is up 5.52% for the last week. [*]Ford is one of the headliners in [URL='https://seekingalpha.com/news/3699216-seeking-alpha-catalyst-watch']Seeking Alpha's Catalyst Watch list of stocks that could see some action this week.[/URL] [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Ford to Reveal All-Electric F-150 Lightning May 19 with Livestreamed Event at Ford HQ
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