Ford restructures its EV business in China
China has emerged as one of the key EV markets globally, and automakers are scrambling to adjust to the new reality. Ford, which is already present in the Asian country, is adjusted its EV strategy to […]
Ford resumes F-150 Lightning production after six week shutdown
Ford has restarted production of the F-150 Lightning at its Rouge Electric Vehicle Center in Dearborn, Michigan, following a six week shutdown. The plant was shut down for six weeks to retool, expand, and reconfigure […]
Ford F-150 Lightning joins the Claremont Police Department in New Hampshire
The Claremont Police Department rolled out its latest electric vehicle, a Ford F-150 Lightning Pro Special Service Vehicle (SSV). The police department located in New Hampshire had the F*150 Lightning Pro SSV donated to the […]
Exxon Mobil in Talks with Tesla and Other Automakers to Become Lithium Supplier
Exxon Mobil is reportedly engaging in talks with Tesla and other major automakers like Ford and Volkswagen to become a key supplier of lithium. The potential collaboration aims to meet the soaring demand for lithium, […]
Ford beats out second-quarter expectations even with EV costs
Ford beat Wall Street expectations in Q2 with a net income of $1.9 billion and adjusted earnings before interest and taxes of $3.8 billion. This is big news for the Detroit-based automaker, which noted that […]
Ford slashes F-150 Lightning prices in Canada and US [Update]
Ford has slashed prices for the F-150 Lightning in both Canada by as much as $15,000 in Canada and nearly $10,000 in the US. The drastic price cuts come after reports emerged last week the […]
Ford’s EV inventory is growing as demand shrinks
Ford is building more Mustang Mach-E than ever before in 2023, saying in January it was going to “significantly increase production” of the electric SUV this year. That increase in production appears to be coming […]
Major Automakers Embrace of NACS Alleviating Consumer Concerns Over EV Charger Availability
As Ford, General Motors, Rivian and others all announce they are moving to the North American Charging Standard (NACS), a major consumer concern is starting to lift. According to J.D. Power, the single biggest barrier […]
BlueOval SK secures $9.2 billion loan for EV battery manufacturing
Ford’s joint venture BlueOval SK has secured a $9.2 billion loan from the US Department of Energy to build three battery manufacturing plants in the United States. Per Forbes, the funds will go towards three […]
Ford tripled their Mustang Mach-E inventory after the Tesla NACS deal
It appears that Ford is rolling the dice when it comes to inventory counts after signing its deal with Tesla to adopt their North American Charging Standard (NACS). According to data reviewed by S&P Global […]
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