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In 2021, Ford had revenue of more than $136 billion.
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The global shortage of automotive semiconductors affected automakers’ production and forecasts for 2022.
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In 2021, Mexico was the country in Latin America with the largest market for light hybrid vehicles (HEV).
Ford Motor Co., is an automotive company of American origin focused on the automotive industry, throughout its history this company has innovated in technology and cars year after year, now it has announced its new factory what does he have goal of developing batteries for its electric cars.
In Latin America, Mexico It is the second largest economy only behind Brazil, the Aztec territory has one of the most important manufacturing industries in the regiononly him The industrial sector represents more than 17 percent of the Gross Domestic Product (GDP).
Mexico is the Latin American and Caribbean country with the highest number of electric car salesin 2021, 35 thousand 911 purchases were registered of this type of vehicle in Mexican lands, while in second place Brazil was placed with 34 thousand 990 units sold; In third place was Colombia with a total of 14,694 electric cars.
Ford goes for electric cars and opens a factory in the US
The market of electric vehicles continues to rise, brands like Tesla, Honda, and Ford they look for ways to innovate with new cars or with the evolution of their classics to an electric approach. Now the American company Ford bets on its electric cars and has announced a factory in the city of Michigan, United Stateswhich will have a investment of 3.5 billion dollars; the company stated that initial production of the factory start in 2026; this project according to Ford, will generate about 2,500 jobs in the region.
Ford will work alongside Contemporary Amperex Technology Co. Limited (CATL) a company of Chinese origin that produces EV batteries, although the automaker declared that CATL would only provide “knowledge and services” so Ford will own and operate the new plant in Michigan, United States.
The factory of Ford will aim develop and produce two separate battery chemistries for their electric carsone made with lithium iron phosphate (LFP), which is also used by Tesla for some of its vehicles; and the second built by nickel cobalt manganese (NCM).
The LFP batteries are cheap and long lasting but they do not have as much energy density as NCM, in addition those made by lithium iron phosphate are less complex to produce, which is why Ford has partnered with CATLthe Chinese company will add approximately 35 gigawatt-hours (GWh) of LFP battery capacity.
The electric cars They are one of the options that consumers expect to be able to change their combustion vehicle, but the high costs involved have meant that demand has not increased, and they also report that it is not possible to find many charging options for this type of car. Companies, in addition to developing and innovating in the technology of these cars, must also pay attention to the implementation of charging stations available to their public.
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