|Bid||13.29 x 36200|
|Ask||13.30 x 45900|
|Day's Range||12.90 - 13.39|
|52 Week Range||6.41 - 16.45|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||15.46|
|Earnings Date||Oct. 26, 2021 - Nov. 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan. 29, 2020|
|1y Target Est||15.41|
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Ford Motor Co and startup Redwood Materials said on Wednesday they are partnering to form a "closed loop" or circular supply chain for electric vehicle batteries, from raw materials to recycling. The aim is to lower the cost of EVs by reducing the dependence on imported materials, while also narrowing the environmental impact from mining and refining of battery materials. Ford and Redwood will work closely with Korean battery maker SK Innovation, which has a joint venture with Ford called BlueOvalSK to make EV battery cells in the United States, Ford executive Lisa Drake said at a media briefing.
DEARBORN, Mich., September 22, 2021--Ford Motor Company and Redwood Materials today announced they are working together to build out battery recycling and a domestic battery supply chain for electric vehicles. Ford and Redwood’s goal is to make electric vehicles more sustainable, drive down the cost for batteries, and ultimately help make electric vehicles accessible and affordable for more Americans.