Tag:
Ford
Electric Vehicle
Ford Adjusts EV Investment Strategy as Consumers are not Ready to Pay Premium Price
In response to shifting consumer trends towards hybrid vehicles and family SUVs, Ford announced plans to scale back investments in new Electric Vehicle (EV)...
Electric Vehicle
Ford Slows $12 bn Investment in Electric Cars as Consumers Resist Premium Pricing
In a surprising move, American automaker Ford has decided to put the brakes on its ambitious $12 billion investment plan for electric vehicles (EVs),...
Electric Vehicle
Ford offers 17% cut in price of electric F-150 Lightning trucks
Ford Motor, one of the leading automakers in the United States, has announced a significant price reduction for its popular electric F-150 Lightning trucks....
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...