Tag:

Ford

US aims to offer $9.2 bn loan to Ford-SK venture

The U.S. Department of Energy intends to provide a loan of up to $9.2 billion to a collaborative effort between Ford Motor and SK...

Ford Motor signs supply deals for battery-grade lithium

U.S. automaker Ford Motor has unveiled new supply deals for battery-grade lithium as the U.S. automaker aimed to meet its target of producing 2...

Ford Motor to cut price on Mustang Mach-E electric vehicle

Ford Motor has announced that it will reduce prices on its electric vehicle, Mustang Mach-E, for the second time this year. The decision comes after...

Ford plans $1.3 bn investment in Oakville plant for electric vehicles

Ford Motor announced that it will begin retooling its SUV assembly plant in Oakville, Ontario to produce electric vehicles starting in late 2024. The plant...

Ford to invest in $4.5 bn nickel processing plant in Indonesia

Automobile giant Ford has teamed up with Vale Indonesia and China’s Zhejiang Huayou Cobalt to invest in a $4.5 billion nickel processing plant in...

Ford’s Essex Engine Plant uses Convergent battery energy storage

Convergent Energy and Power has won a contract from Ford to meet its power needs at a plant Essex Engine Plant in Windsor, Ontario...

Ford, SK On finalize U.S. EV battery joint venture

US-based Ford Motor and South Korean battery maker SK On Co along with its subsidiary on Thursday finalized setting up a joint venture for...

Ford to invest $3.7 bn in Michigan, Ohio and Missouri in EV push

Ford Motor will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri for production of both electric and gasoline-powered vehicles, Reuters news...