“So what I would say is that roughly 75% of our capital over the plan period is going into a higher return, larger truck and multi-energy portfolio in that balance 25%, is your Ford energy and continued modeling investments.”

In context

“there sort of like an initial boost needed because of the energy storage investment? Sherry House: Yeah. Thank you for the question, Emmanuel. So guidance reflects an increase in capital spending of a little more than $1 billion, as you noted. So $9.5 billion to $10.5 billion. That increase is driven by our investment in Ford Energy, which is the largest portion of it is expected to be in 2026. We had talked about a $2 billion investment in Ford Energy, and $1.5 billion of it as planned. The mix of our capital spending continues to shift. We have a new capital allocation process that's changed. It's really pushing our capital into more accretive areas of the business. And we've consistently stayed nimble, you know, adjusting to customer demand and changing regulatory environment as well. So what I would say is that roughly 75% of our capital over the plan period is going into a higher return, larger truck and multi-energy portfolio in that balance 25%, is your Ford energy and continued modeling investments. Like in UEV, BREV, and things of that nature. Jim Farley: And the goal for that capital allocation is very clear. It's to get to 8% EBIT margin for our company. We are investing more in Blue as well. Hybrid and new products, that will be very profitable. And we are decelerating the investment model even though it's still at high levels, as Sherry said. We are descaling that investment. So the goal is to set up the company over the next couple years to be that 8% margin company, and that's the kind of capital we need to invest. Emmanuel Rosner: Thank you. And then as a follow-up still on the Model e then, I guess to get to this ultimate target, you probably, you know, also have to execute on bringing back Model e to profitability. Can you talk maybe about some of the levers and cadence bet”