Autonomous Vehicle News
Ford (F) announced more spending on electric vehicles and predicted a sharp drop in costs for EV batteries during an investor day. Ford stock rose. The event comes a week after the unveiling of the F-150 Lightning electric truck, which has now received 70,000 reservations, up from 20,000 a week ago. Ford stock eyes a 13.72 cup-shape buy point after clearing the 50-day line, according to MarketSmith chart analysis. YOU MAY ALSO LIKE:Is Ford Stock A Buy Now?