Ford needs EV batteries more than chips as electric F-150 reservations hit 200,000 units, CEO says
needs batteries for its electric vehicles more than semiconductor chips, CEO Jim Farley told CNBC's Jim Cramer on Thursday.electric version of the F-150
after they hit 200,000 units, which is more than double Ford's annual production capacity for the vehicle. The electric F-150 Lightning is scheduled to go on sale in the spring.during a webcastFarley said the automaker is "completely oversubscribed with our battery electric vehicles," specifically the F-150 Lightning.
There's worry by some Wall Street analysts that demand for EVs will exceed the expected supply of critical materials such as lithium, creating a problem for automakers to produce the vehicles.
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