Ford Capitalization For the first time in history exceeded $ 100 billion, writes CNBC.
Putting such a record, the company overtook GM and became the fifth on capitalization in the industry in the world – after Tesla, Toyota, Volkswagen and BYD. Since the beginning of January, Ford shares flew by 20 percent, thanks to the plans for the release of electrocars. For example, Ford is prepared for the production of power supply F-150.
The head of the auto giant Jim Fairley in December said that the company will double the production of Mustang Mach-E electrocrustov in 2022 to 80 thousand units. The company’s shares jumped on January 13 by 5.7 percent, to $ 25.87, reaching another maximum for 20 years, before closing at $ 25.02 per share.
Earlier, Ford decided to invest 230 million pounds of sterling ($ 316 million) into the production of components for electric vehicles at the UK plant. Ford also announced an ambitious goal: By 2030, the company plans to abandon cars on fuel and produce only electric cars in Europe.