“LFP, embraced by EV industry leader Tesla (TSLA.O) two years ago, has sparked new interest especially in the U.S., where a clutch of domestic and overseas manufacturers has pledged more than $11 billion in new production facilities.”
$11 billion is a pretty impressive figure, right?
But we should remember that it is has been pledged by a number of manufacturers.
Enter Ford, with a war chest of $9.2 billion to build new production facilities, now that is super impressive.
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