Energy: Ford’s Electric Vehicle Strategy
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 27 May 2021
⏱️ 30 minutes
🧾️ Download transcript
Summary
On Wednesday, Ford held its 2021 Capital Markets Day, outlining its Ford+ strategy for the future of the business, including details on its electric vehicle plans. Motley Fool Senior Auto Analyst John Rosevear joins the show to break down what we learned at Ford’s event and what it means for the electric vehicle industry.
Stocks Mentioned: F, GM, TSLA, RIDE
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
| 0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
| 0:20.4 | And we're talking energy. And today we're talking tech. |
| 0:23.0 | Let's dive in. |
| 0:24.0 | Welcome to Industry Focus. |
| 0:28.0 | I'm Nick Saipel. |
| 0:29.0 | Yesterday Ford Motor Company held its 2021 Capital Markets Day, |
| 0:32.8 | outlining its strategy in electric vehicles |
| 0:35.0 | for the next decade. |
| 0:36.1 | Motley Fool's senior auto analyst John Roosevelt |
| 0:38.4 | joins the show today to break it all down. |
| 0:40.1 | John, how's it going? |
| 0:41.5 | It's going great, Nick. |
| 0:42.4 | I'm glad to be here. Some exciting Ford news to talk about. If Ford is the kind of news that excites you. |
| 0:47.0 | Yeah, well you've been following Ford for a long time. I'm sure you've seen a number of these events this feels like it was a big one yesterday |
| 0:54.8 | laying out the EV strategy how does it stack up against previous events that you've watched or attended? |
| 0:58.6 | It's it's on the top five probably mean, I've been covering Ford for the Fool |
| 1:03.1 | for about 11 years now. |
| 1:05.4 | There was another event much like this in 2017 or 2018 |
| 1:11.1 | where they said, okay, we are moving into electric vehicles, we are moving into electric vehicles we are moving |
| 1:13.7 | into autonomous and now this is this is really everything they haven't said since |
... |
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