Ford Motor Company (NYSE: F) is adjusting its business strategy to adapt to the changing automotive market. The company plans to invest heavily in electric vehicles (EVs) and autonomous driving technology. Ford aims to have 600,000 EVs on the road by 2025 and intends to launch 14 new EV models by 2022. Additionally, Ford is partnering with Argo AI to develop autonomous vehicles. The company’s stock price has increased by over 20% since the beginning of the year.
