Ford Is Reinventing EV Manufacturing to Take On Tesla, BYD. The Stock Is Down.
Economy And Jobs,Auto Industry,U.S. Automakers,Manufacturing,Electric Vehicles,Ford
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Monday, the Dearborn, Mich.-based auto maker unveiled its “universal EV platform, at its assembly plant in Louisville, Ky. Using the new platform, it will be possible to assemble a car 40% faster than using traditional processes. The new EVs produced on it will have 20% fewer parts.
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