Like an extra nugget in your happy meal, Ford's Q2 reports are surprising, but in a good way 🐔. The company said its adjusted operating income more than tripled year-over-year to $3.7B. More chips and vehicle deliveries propelled the growth, leading to a 6% increase in share values.
Despite the ongoing challenges and complexity of splitting EV from ICE, Ford execs stand beside its full-year projections despite inflation concerns.
TL:DR — A high-ranking S. Korean-based auto park maker is pulling a divide and conquer, while SK Group, the 2nd largest individually controlled S. Korean conglomerate, invests in safe chargers for apartment buildings. Each move feels like an investment in being key players in the global shift toward electrification.