Tag:

Ford

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),...

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....

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...