Ford, China’s CATL Mull Workaround for New US Battery Plant
Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd. are considering building a battery manufacturing plant in Michigan in a complex arrangement designed to reap new tax benefits.
December 15, 2022Ford Cuts Investment in Autonomous Vehicle Unit Argo
Ford is pulling out of its investment in Argo AI, an autonomous vehicle company that it jointly owns, mainly with Volkswagen.
October 26, 2022Ford Climbs on Surging Demand for F-150 Lightning, Other EVs
Ford Motor Co. rose more than 7% after the carmaker’s latest quarterly sales results showed growing demand for its lineup of electric vehicles, including its flagship F-150 Lightning plug-in pickup.
Ford Unveils Big, Gas-Fueled Pickup That’s Funding Its EV Future
Ford Motor Co.’s redesigned F-Series Super Duty pickup may lack the sex appeal of the Mustang introduced earlier this month, but this hulking warhorse is critical to funding the automaker’s electric future.
Ford to Cut 3,000 Jobs to Fund Shift Toward EVs
Ford Motor Co. said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.
Ford Wants Cops to Go Electric by Buying Its New F-150 Pickup Truck
Ford Motor Co. is unveiling its first version of an all-electric pickup truck police cruiser.
Ford Secures Batteries to Build 600,000 EVs a Year by 2023
Ford Motor Co. has secured enough battery supply to build more than half a million electric vehicles annually by late next year, a quantum leap above the 27,140 battery-powered cars it sold in the U.S. last year.
Ford Plans to Cut up to 8,000 Jobs to Help Fund EV Investment
Ford Motor Co. is preparing to cut as many as 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric vehicle market, according to people familiar with the plan.
Ford Sales Jump in June on Gains for F-Series Pickups
Ford Motor Co. sales jumped 31.5% in June thanks to big gains from its top-selling pickup truck line, including the electric F-150 Lightning.
Ford Pledges to Work With Community Near Future EV Factory
BROWNSVILLE, Tenn. — Ford Motor Co. officials on June 21 pledged to be good neighbors to those in rural west Tennessee who live near the automaker’s planned electric truck factory, a project expected to create thousands of jobs and change the face of the region.