(Reuters) – Ford Motor Co is considering making its own batteries as sales volumes of electric vehicles rise around the world, the automaker’s top executive said on Friday.
“We are discussing (battery) cell manufacturing,” Ford’s Chief Executive Officer Jim Farley told a Reuters Events broadcast on Friday. “I think that’s natural as (EV) volume grows.”
Reporting By Nick Carey and Paul Lienert;Editing by Elaine Hardcastle