DETROIT — Ford Motor Co.'s plans for electric vehicle battery production appear to be accelerating like a Mustang Mach-E in "Unbridled" mode.
Less than a year ago, Ford's top executives were extolling the benefits of relying on its supply base for the battery cells to power its upcoming EVs.
Former CEO Jim Hackett told investors there was "no advantage" to Ford investing heavily in its own plants, as Tesla and General Motors have done.