Ford chairman praises CEO, mulls lithium venture

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Ford Motor Co Executive Chairman Bill Ford said on Tuesday that he is very confi...

HOUSTON - Ford Motor Co Executive Chairman Bill Ford said on Tuesday that he is very confident in Chief Executive James Hackett’s leadership and that the automaker is considering striking supply deals with a lithium producer.

Michigan-based Ford has also announced a commercial vehicle alliance with Germany’s Volkswagen AG, with plans to jointly develop electric and self-driving vehicles. Bill Ford, whose family founded and controls the eponymous automaker, said he fully supports Hackett’s plans to expand the electric fleet, including development of an electric F-150 truck, the best-selling American vehicle for decades.

 

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He looks like he's taking lithium

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