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F Ford Motor Company

10.56
-0.01 (-0.09%)
Pre Market
Last Updated: 09:39:43
Delayed by 15 minutes
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

Ford to Discuss Latest Battery-Materials Agreements

22/05/2023 11:53am

Dow Jones News


Ford Motor (NYSE:F)
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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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