South Korea-based battery manufacturer SK On is accelerating expansion. The company will invest in a new battery material plant in Quebec, Canada, with Ford. It also plans to build...
Ford Motor Co. restarted production of F-150 electric Lightning pickup truck as it bets price cuts will spark demand for fully-electric vehicles among a broader swath of US drivers...
Automotive supplier and contract manufacturer Magna will build the first two supplier facilities in Ford's BlueOval City in Tennessee, the US. The company plans to invest more than...
Ford's announcement about licensing China-based CATL's technology to build a battery plant in Michigan has drawn significant attention. Industry sources said the project seems to...
The US Department of Energy announced on June 22 that it plans to loan US$9.2 billion to BlueOval SK, the battery joint venture between Ford and South Korea-based SK On. The loan...
Ford and General Motors recently announced their adoption of Tesla's North American Charging Standard (NACS). Supply chain sources said the US EV charging standards will likely be...
General Motors announced on June 8 that it will start integrating Tesla's charging connector into its EVs in 2025. GM will also enable current EV customers to access Tesla Superchargers...
Ford Motor announced that its EV customers will be able to charge with Tesla Superchargers in the US and Canada next year. Moreover, Ford plans to integrate the connector of the supercharger...
Ford Motor Co., which is spending $50 billion building an electric-vehicle business, doesn't fear the two EV-market leaders, Tesla Inc. and China's BYD Co.
Ford Motors announced several agreements with lithium companies on May 22, a step forward to support its EV ambitions. The carmaker also aims to achieve a margin of 8% of earnings...
Global autonomous vehicle unicorn startups and major carmakers have been on track to lay off employees in the underperforming departments since the second quarter of the year, especially...
Ford Motor Co. plans to cut jobs in China, potentially by more than 1,300, as its sales decline in the world's biggest car market, local media including Economic Daily News reporte...
Ford Motor posted US$1.76 of net income in the first quarter of 2023 as total shipments increased by 9% year-over-year. On Tuesday, it lowered prices of the electric Mustang Mach-E...
The US Treasury Department released the Critical Minerals and Battery Components Requirements last week, specifying rules about sourcing battery materials locally. Several automotive...
