Big US Car Manufacturer Makes Another Splash into EVs Through Acquisitions

finviz dynamic chart for  F

Ford Motor (F) is an American auto manufacturer headquartered in Dearborn, Michigan. 

Much like General Motors (GM), Ford is doubling down on the electric vehicle (EV) market.

In fact, Ford recently announced it was boosting its EV spending from $22 billion to $30 billion to develop EVs and batteries for commercial use. 

And to help strengthen its foothold in the market, the company last week announced that it acquired Electriphi. Electriphi is an EV battery management and monitoring firm. 

Through the deal, Ford will combine Electriphi’s software with its Ford Pro business unit, which provides EV fleet services to government and commercial customers.

Ford added that the agreement would also allow it to cut down on charging costs, efficiently track how long vehicles are out on the road, and charge them at company-owned depots. 

And, eventually, Ford intends to have enough charging stations across the U.S. to charge 600,000 EV vans and trucks – bolstering the country’s overall EV infrastructure along the way.

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Nvidia Price Prediction

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How to Collect "Amazon Royalty" Payouts Before the Deadline

Thanks to a little-known IRS loophole, regular Americans can collect up to $28,544 (or more) in payouts from what is called “Amazon’s secret royalty program”…
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New "Forever Battery" making gas cars obsolete​

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New EV Set to Disrupt Entire Industry

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Tiny TSLA Supplier To Soar

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$3.73 EV Stock No One's Talking About

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

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53-cent Biotech Stock with $2 Price Target

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only 53 cents.

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