Ford Motor Co. will take a direct stake in a battery-nickel plant under construction in Indonesia, deepening its role in the supply chain as carmakers try to secure materials for...
The US government released guidance on EV batteries and materials sourcing, mainly targeting China. Starting in 2024 and 2025, EVs will not be eligible for tax credits provided by...
Hyundai Motor is gearing up for the mass production of Ioniq 7 to scale its EV business. The company plans to suspend operations at its Asan plant in South Korea for two months to...
After a two-month pause on its battery project in Michigan, Ford said it has scaled back the plan and is ready to proceed. The battery factory, which will license CATL's technology,...
Slower EV adoption growth has terminated a joint battery investment of Ford, Koc Holding, and LG Energy Solution in Turkey. Ford and SK On will also delay their joint battery plant...
Ford reached a tentative agreement with the United Auto Workers (UAW) and saw the strike end on October 25. The carmaker said on Thursday that the walkout cost the firm US$1.3 billion...
Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker shut its factory for expansion and delayed delivery of trucks for...
The strike initiated by the United Auto Workers (UAW) at General Motors, Ford and Stellantis plants has lasted for two weeks. Automotive suppliers said that the Big Three's orders,...
Ford said on September 25 that it had halted construction of its battery plant in Michigan amid the ongoing strikes initiated by the United Auto Workers (UAW). The carmaker had planned...
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...
