Tuesday, 02 January 2024 12:17 GMT

Why Ford May Be Ramping Up Its EV Investments


(MENAFN- Investor Brand Network) American automaker Ford recently announced a $5 billion investment in developing a new line of battery electric vehicles (BEVs), a surprising move given the Trump administration's increasingly anti-electric vehicle stance.

The concerns raised by Ford don't only affect legacy automakers in America. Even firms like Massimo Group (NASDAQ: MAMO) are, in a way, impacted by what is...

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