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Compass Minerals International Inc

Ford’s EV push has its skeptics. Jim Cramer is still not one of them

Ford 's (F) new partnerships with top lithium producers give us more confidence that the automaker can accelerate electric vehicle production and reach its global target of 2 million EVs per year by 2026. We're also encouraged by Ford's financial roadmap for getting there, which was discussed at Monday's investor event. Ahead of its Capital Markets Day presentation, Ford announced strategic agreements with four of the world's prominent producers of lithium, a key component of EV batteries. The deals are all compliant with…

Ford announces key EV minerals deals ahead of capital markets day

A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 14, 2022. The NYIAS returns after being cancelled for two years due to the Covid-19 pandemic. Michael Nagle | Bloomberg | Getty ImagesFord Motor on Monday announced a series of new deals for the supply of lithium products in support of its ambitious plan to dramatically ramp up production of electric vehicles over the next several years.The automaker has said it plans to be…