this post was submitted on 22 May 2026
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Ford Motor Company stunned investors after adding billions in market value in a single day, transforming what once looked like a risky dependence on Contemporary Amperex Technology Co. Limited into a major battery business opportunity. By leveraging CATL’s technology while building local battery production in the U.S., Ford is positioning itself to cut EV costs, scale production faster, and compete more aggressively in the global electric vehicle race.

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[–] Abracadaniel@hexbear.net 8 points 2 days ago

Wow ok. Didn't see this coming I thought they were just hosed after cancelling much of their EV production.

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[–] HexReplyBot@hexbear.net 1 points 2 days ago

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