Ford Motor Co (NYSE:F)

$ 12.15 0 (0%) Market Cap: 48.51 Bil Enterprise Value: 165.47 Bil PE Ratio: 12.53 PB Ratio: 1.13 GF Score: 76/100

Ford Motor Co Fireside Chat Hosted by Wolfe Research Transcript

Nov 17, 2020 / 04:00PM GMT

Release Date Price: $8.75 (-0.57%)

Transcript

Operator

Good morning and welcome to the Wolfe-hosted fireside chat with Ford on the E-Transit and the company's commercial EV strategy. Today's webcast will be hosted by senior auto analyst, Rod Lache. (Operator Instructions)

And now I'll hand the call over to Rod.

Rod Avraham Lache

Wolfe Research, LLC - MD & Senior Analyst

Thanks, Julienne, and thanks, everybody, for joining us on today's call. Look, beyond light vehicles, the light commercial truck markets are expected to be amongst the next to electrify. These vehicles typically drive limited distances, certainly certain types of these vehicles. They're typically parked overnight, which presents an opportunity to recharge. The regulatory environment is supportive. And it also seems reasonable to assume that operators would focus on total cost of ownership, maybe even more so than consumers would.

We've seen some estimates that up to 28% of the light commercial vehicle market could be electrified by 2030. I wouldn't be surprised to see an even higher penetration rate for certain types of

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