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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ford Motor Company | NYSE:F | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.01 | -0.09% | 10.56 | 7,009 | 09:39:43 |
By Will Feuer
Ford Motor said it will discuss the company's latest agreements for battery raw materials, among other factors at its event starting at 8:00 a.m. ET on Monday.
The automaker said Lisa Drake, vice president of electric vehicle industrialization at Ford's EV-focused unit, will introduce the agreements. The company has said it plans to produce at least 2 million EVs annually by 2026.
The company is also expected to lay out how it plans to achieve multi-year financial targets.
Ford backed its 2023 expectations for adjusted earnings before interest and taxes of $9 billion to $11 billion and adjusted free cash flow of about $6 billion.
Shares rose about 0.8% to $11.74 in premarket trading.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
May 22, 2023 06:38 ET (10:38 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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