Ford increases its battery supply to meet its electric-vehicle goals.
The automaker said it had reached deals to acquire more battery packs in its push to produce 600,000 electric vehicles a year by the end of 2023.
Stellantis, maker of Chryslers and Jeeps, and LG will spend $4 billion on a new battery factory in Ontario.
The automaker, which was created by the merger of Fiat Chrysler and Peugeot, has lagged in the fast-growing market for electric cars.