Ford Secures a Massive Future - $9.6 Billion Contract Revealed!
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 Published On Mar 17, 2023

In this video, we discuss Ford Motor Company's recent challenges as reported by CEO Jim Farley, including a significant loss of $2 billion and issues with recalls and overcharging customers.

We also examine Ford's decision to exit the passenger vehicle market after dominating it for over a century and focus on more profitable areas such as pickup trucks and commercial vehicles.

This move seems to be working, as evidenced by a substantial commercial contract with the US Postal Service, which plans to purchase up to 9,250 Ford e-transit battery electric vehicles built by Ford's UAW workforce. We analyze the USPS contract, including its plan to double its purchases of electric delivery vehicles and buy at least 66,000 by 2028, supported by a $3 billion allocation from a recent $430 billion climate measure. We also discuss why USPS selected the e-transit as the best big size electric van in the market today and its features, such as a complete ecosystem of support services under the Ford Pro brand, financing, telematics, maintenance, and charging infrastructure. Additionally, we examine the e-transit's safety features, standard automated emergency braking, lane departure warning with lane keeping assist, and available adaptive cruise control with traffic sign recognition, among others.

The e-transit is a dependable and accessible vehicle that will allow USPS and other fleet managers to compare and contrast electric and conventional vans. Join us to understand the elements that make this development such a critical milestone for Ford Motor Company.

đź•‘Timestamps:
0:00 - Introdruction
0:33 - Ford's Decision To Exit The Passenger Vehicle Market
1:15 - The USPS Contract
2:08 - The Selection Of The Ford e-Transit

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