Ford Motor Co at Sanford C Bernstein Strategic Decisions Conference Transcript

Jun 01, 2022 / 02:00PM GMT
A.M. Sacconaghi - Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

I'm Toni Sacconaghi, Bernstein's IT hardware and electric vehicles analyst. And I'm super happy to have Ford CEO, Jim Farley, join us today. I think his participating in a conference where we don't have coverage of this company is just one more testament to Jim's open-mindedness and willingness to pursue new avenues and to pursue change. For those of you who don't know Jim, he's been in the auto industry his whole career. He was at Toyota and Lexus before joining Ford in 2007. He became CEO in October of 2020 and has laid out an ambitious change agenda for the company, including dividing Ford in the Model e and Blue and setting a goal of 50% EVs by 2030 and spending $50 billion on EVs by 2026. We're going to just do a 3- or 4-minute video to start, and then Jim and I are going to have a Q&A. Thanks for joining us. And Jim, thanks for being here.

(presentation)

A.M. Sacconaghi - Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

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