Post by
red on May 27, 2021 8:43am
It’s happening ....
As these automakers ramp up they and other industries are needing cobalt ...something has to break for FT and others ....
Ford’s Farley Stokes Stock With His $30 Billion Bid in EV Race
(Bloomberg) -- Ford Motor Co. Chief Executive Officer Jim Farley made a bold bid for electric supremacy Wednesday by boosting his company’s bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup.
Investors, who have long viewed Ford as an EV laggard, liked what they heard during the automaker’s Capital Markets Day and bid up shares to a five-year high.