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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.
Ford lost $1.3 billion in 2020 and will slow production due to chip shortages
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.
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