Hau Thai-Tang is executive vice president of product development and purchasing for Ford Motor Company said, “We know the technology landscape is going to change,” Hua says. “You’ve seen predictions around cost per kilowatt-hour. Everyone believes that for us to really have a crossover between cost versus an ICE, you have to go post-lithium-ion. So, we don’t want to get into a situation where we invest billions of dollars of capital, have inefficient scale, be over-capacitized, and then have the technology landscape change on us. And then you’re stuck with that asset.”
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