Ford Reveals Plans To Sell An Insane Amount Of EVs Per Year

Ford CEO Jim Farley toldAutomotive Newsthat the company is projecting to produce 600,000 EVs per year, coming in second to Tesla, within 24 months. It's a big ask for the company, which currently is behind in the EV race. It produced just about 18,000 electric cars in the first three quarters of 2021. That means it will have to produce about 30 times that many by the end of 2023.

That seems like a lofty goal, with the company only producing three EVs currently: theF-150 Lightning, the Mustang Mach-E, and the E-Transit van. Granted, they are all selling well. Farley added that the new projected number will come up before itscompletion of Blue Oval City9月,我们报道了。

"The demand is so much higher than we expected," Farley said in an interview. "It's a really new experience for this big company, trying to be agile. We had to approach it very differently than we've done capacity planning."

The Mustang Mach-E is built in Mexico, and another shift could be added there, Farley toldAN. But the Lightning pickup,which has gone gangbusters in sales, needs more literal space. Of the 200,000 reservations, Farley expects more than 80% to convert to orders. Thankfully, just placing a reservation does not lock you in to a final purchase.