Ford building massive electric vehicle and battery plants with $11.4 billion investment

Tesla has taken an early lead in that arena with a suite of sleek, high-end vehicles that captured about two-thirds of the battery-powered electric vehicle market in 2021, according to the trade publication InsideEVs. Chevrolet, which is owned by General Motors, is a distant second at 9.6 percent, followed by Ford’s 5 percent market share.