He stated that Ford continues to be focusing on an 8% working margin for its EV enterprise, and that it is not planning to scale back its capital spending on the autos. "We're going to find a way to get to that 8%," Lawler stated. In a press release, CEO Jim Farley argued that the extra gradual ramp-up of electrical automobile manufacturing may very well be a boon for Ford. "The near-term pace of EV adoption will be a little slower than expected, which is going to benefit early movers like Ford," Farley stated, noting the success of Ford's first era F-150 Lightning and Mustang Mach-E EVs. "While others are trying to catch up, we have clean-sheet, next-generation products in advanced development that will blow people away." While Ford general was solidly worthwhile throughout the second quarter, the Model e unit posted an working lack of $1.8 billion.