Ford CEO: 40% Less Labor To Build Electric Vehicles

TL;DR

“A shift in corporate strategy towards more vertical integration at Ford would hark back to the company’s early days when founder Henry Ford owned forest, iron mines, limestone quarries and even a rubber plantation in Brazil to wholly control the company’s supply chain,” the media outlet stated.Naturally, while discussing insourcing and vertical integration, Farley focused a bit on batteries — parts of the battery production process are where jobs could be added and workers could be retrained.Also, given that he was speaking at a diversity- and equity-focused event sponsored by the Rainbow Push Coalition, he focused some of his words on achieving greater equity and inclusion.He told Jesse Jackson, “We have a whole new supply chain to roll out, in batteries and motors and electronics, and diversity has to play an even greater role in that.”At the end of last year, 2021, Ford had 183,000 employees.TrendingYou May Also LikeClean TransportAt the Automation Fair in Chicago, Rockwell Automation, Inc. today announced a partnership with the Ford Motor Company for the joint development and implementation...CarsIt’s been one month since we announced the finalists for our 2022 CleanTechnica Car of the Year award, and it’s time to announce the...CarsNearly one month ago, I announced the finalists for our 2022 CleanTechnica Car of the Year competition."

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