Solutions Ford increases its battery supply to meet its electric-vehicle goals The automaker said it had reached deals to acquire more battery packs in its push to produce 600,000 electric vehicles a year by the end of 2023.
Solutions www.nytimes.com Ford lost $1.3 billion in 2020 and will slow production due to chip shortages The company said it was increasing spending on developing electric vehicles as the shift away from conventional autos accelerates.
World’s largest banks pledged $906 billion to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds