Ford president Kumar Galhotra said they will be producing 600,000 electric vehicles by 2024. Mia will be producing at rate of 300,000 cars or more in the second half of 2022. That's phase one of the factory. 2nd phase will be producing over 600,000 Many manufacturers are trying to catch up but it's too late. Nio will be clearly the winner $NIO Inc.(NIO)$$Ford(F)$