FSR - Ford puts a charge in auto sector with electric push

February, 17 2021 10:48 AM Fisker Inc Com Cl A

Wedbush Securities sees a broader theme playing out in the auto sector after Ford ([[F]] +0.3%) pledged to go all-electric in Europe by 2030. "This news is on the heels of Ford's massive EV R&D initiatives slated for EVs as part of a growing theme we have seen emerge from Jaguar as well over the past week," reminds analyst Dan Ives.Earlier this year, General Motors ([[GM]] -0.9%) announced its game changing plans to go "all in" on electric vehicles by 2035, which Ives thinks has set off a ripple impact across the global auto industry."Taking a step back, we believe this speaks to what we believe is a golden age of EVs on the horizon with a green tidal wave expected in the US under a Biden Administration and China seeing skyrocketing consumer demand across the board. With the Biden Green Agenda on the horizon, we believe other automakers could

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Ford puts a charge in auto sector with electric push

Company Name:	Fisker Inc Com Cl A
Stock Symbol:	FSR
Market:	NYSE

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