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Ford
Government, Business, Technology, Equipment

Ford, China’s CATL Mull Workaround for New US Battery Plant

Vehicle batteries on display

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.

Bloomberg News
December 15, 2022
Business, Technology, Autonomous

Ford Cuts Investment in Autonomous Vehicle Unit Argo

A 2018 test vehicle from Argo AI

Ford is pulling out of its investment in Argo AI, an autonomous vehicle company that it jointly owns, mainly with Volkswagen.

Associated Press
October 26, 2022
Business, Technology, Equipment

Ford Climbs on Surging Demand for F-150 Lightning, Other EVs

F-150 Lightning

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.

Keith Naughton and David Welch | Bloomberg News
October 4, 2022
Business, Technology, Equipment, Fuel

Ford Unveils Big, Gas-Fueled Pickup That’s Funding Its EV Future

Ford

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.

Keith Naughton | Bloomberg News
September 28, 2022
Business, Fuel

Ford to Cut 3,000 Jobs to Fund Shift Toward EVs

A Ford Mustang Mach-E is charged at a Ford dealership in Colma, Calif.

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.

Keith Naughton | Bloomberg News
August 22, 2022
Business, Equipment

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.

Kevin Simauchi | Bloomberg News
July 28, 2022
Business, Fuel

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.

Keith Naughton and Gabrielle Coppola | Bloomberg News
July 21, 2022
Business, Fuel

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.

Keith Naughton and Ed Ludlow | Bloomberg News
July 20, 2022
Business, Equipment

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.

Keith Naughton | Bloomberg News
July 5, 2022
Government, Business, Equipment, Fuel

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.

Adrian Sainz | Associated Press
June 22, 2022

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