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More than a hundred years ago, Ford Motor Company (F) revolutionized modern auto manufacturing, and it’s now trying to pivot in the age of electric vehicles. A $5 billion investment that includes a new Universal EV Platform aims to make it faster and cheaper to build EVs, including an affordable $30,000 electric pickup for release in 2027. The company is making a long-term bet whose success or failure will have a significant impact on its stock.

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