Investing in U.S.-Based EV Plants The most significant testament to Ford's commitment to the electric future is its investment in production facilities. Farley was recently seen discussing the company's plans for its newest EV plant outside Memphis, Tennessee.
The Importance of a Domestic Supply Chain Jim Farley's vision extends beyond just producing EVs; he's about creating a robust, U.S.-based supply chain. From mining to battery production, he advocates for reduced dependency on overseas sources. Farley emphasized, "We have to have mines and processing to build a digital economy here in the U.S. We cannot continue to import batteries and rare earth from overseas. We have to move it to America."
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