1 month ago | By Business Insider
Peter Dench/Getty Images 1,920 Ford dealers have signed on for a controversial EV sales program.
Ford said earlier this year dealers would need to invest up to $1.2 million to sell EVs.
"We're betting on the franchise system," CEO Jim Farley said.
Buying an electric Ford could soon mirror experiences at upstart EV-makers like Tesla and Rivian. Nearly two-thirds of Ford's 3,000 US dealerships have agreed to new no-haggle EV sales standards, CEO Jim Farley said Monday at a conference in Detroit, signaling a next-step for Ford as it aims to become the US's number-one seller of EVs. Since...
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