8 November 2022 | CEOs

Ford Motor Co's chief electrification executive reveals the company’s weaknesses and opportunities

According to an announcement of chief electrification executive at Ford Motor Co, issues associated with charging network and availability of battery raw materials are considered to be critical factors restraining demand for electric vehicles and, as a result, the company’s growth. The key to solving these problems might be vertical integration. 

At an EV conference in London, Doug Field, chief advanced product development and technology officer for Ford's Model e outlined that building the needed infrastructure is one of the key elements of electric vehicles popularization. However, the improvement of charging network will require the producer to coordinate many processes in order to leave no worries to consumers.

Field also said that the benefits will get to those companies which strategically planned deliveries in advance and accumulated all the necessary materials for years ahead. In addition, he noted that many organizations will have to turn to the methods of vertical integration that haven’t been used for decades.

According to Reuters, Field also presented the idea that Ford’s future vehicles will be able to surpass the functionality of a cell phone. For example, by using an augmented reality (AR) technology during driving.

Ford is continuing the development of a hands-free driving technology, or a so-called  “conditional autonomy”, as well as a more complex user interface, which will be provided by a specific software and particularly placed cameras and speakers.

Field believes in the Ford’s possibility to create an unbelievable experience for consumers, which will make them feel like they’re in a futuristic sci-fi movie.

Company MarketCheese
Period: 20.12.2024 Expectation: 2470 pips
GBPUSD is targeting 1.2300 level as selling pressure increases
Today at 08:20 AM 35
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 29.11.2024 Expectation: 800 pips
Silver buyers get ready to test 31.5 level
Yesterday at 11:27 AM 73
Gold sell
Period: 01.12.2024 Expectation: 8110 pips
Gold loses ground as demand for safe haven assets wanes
Yesterday at 10:04 AM 172
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Period: 29.11.2024 Expectation: 700 pips
AUDCAD does not exit downward trend lines
22 November 2024 53
Period: 02.12.2024 Expectation: 560 pips
Brent oil on its way up after exiting bilateral pattern
22 November 2024 185
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 26.11.2024 Expectation: 2840 pips
Selling USDJPY with target at 152.00 influenced by BoJ policy
21 November 2024 106
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Go to forecasts