Ford CEO On Dearborn's EV Plans: 'Expect More News From Us'

On CNBC's "Squawk On The Street," Ford Motor Company F CEO Jim Farley discussed the company's electric vehicle plans Friday following the automaker's fourth-quarter report.

Here are some key takeaways:

• Farley: 'You Can Expect More News From Us On Our Vertical Integration Of Electric Vehicle Efforts'
• Says 'We're Ambitious,' Electric Vehicle Has 'Detroit Swagger,' Notes 'We've Still Got Tax Credits' To Allow Easier Access To Consumers
• Says He Agrees Co. Does Not Want To Lose Money On Cars
• Says 'We've Had A Great Relationship With Apple Inc. AAPL,' 'Really Wants That Car Play Experience To Be The Best...We'll Keep Working With Apple Until We' Achieve That
• Says Want To Electrify Transit Vans, Police Interceptors, Pick-Up Trucks
• Says 'We Should Expect In Our Industry To Have All Sorts Of New Competitors...We Shouldn't Be Surprised By That,' Says Ford's Strategy Is To Focus On What We Do Well: Commercial Success

F Price Action: Ford's stock was trading up 1.63% at $11.56 per share on Friday at the time of publication. The company has a 52-week high of $12.15 and a 52-week low of $3.96.