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US automaker Ford has stopped the production and shipments of its electric F-150 Lightning pickup owing to a battery issue.
Automobile firm is finalising a severance package with 2,000 employees working at the factory
In a statement on Friday, the company said it was 'exploring the possibility of using a plant in India as an export base for EV manufacturing'
We want to show that the company is electrifying all iconic vehicles: Ford
The investment figure is sharply higher than a previously announced target of $4.5 bn by 2020, Ford executives said