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Tesla Is Winning the EV Race. Better Batteries Will Help Ford and GM Close the Gap.

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There’s nothing standing in the way of the world’s auto makers and an electric-vehicle future except the batteries to power tens of millions of cars. The auto industry is betting that’s a problem money can solve.

Consider Ford Motor (ticker: F), which recently announced the largest single investment plan in its century-plus history. Ford and its partners are planning to spend $11.4 billion to build manufacturing facilities in coming years that will do for Kentucky and Tennessee what Henry Ford did for Dearborn, Mich., in 1917,…

IBM Completes Its Spinoff of Kyndryl Next Week. Markets Are Underwhelmed.

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