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...
US automaker Ford made a battery material investment in Indonesia, a first for the company in Southeast Asia. The US$4.51 billion project is also joined by PT Vale Indonesia and Huayou...
China-based battery maker CATL had a strong 2022 despite the challenges caused by COVID-19 and the lithium price hike. The company saw a 152% growth in revenue and a 92.9% increase...
Months after withdrawing its support for Argo AI, Ford has found another way to continue efforts in autonomous driving. It announced on March 2 the establishment of Latitude AI, a...
LG Energy Solution made progress in gaining a global presence. The South Korean battery maker announced a non-binding memorandum of understanding on February 21 with Ford and Turkish...
Senate Intelligence Chairman Mark Warner criticized Beijing's scrutiny of Ford Motor Co.'s partnership with a Chinese electric-vehicle battery giant as ironic and hypocritical considering...
The US Department of Transportation released the EV charging standards on February 15 to ensure a predictable charging experience. Following the regulation, all charging stations...
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
The US Inflation Reduction Act (IRA) is spurring the three major US automakers -- General Motors (GM), Ford and Stellantis -- to accelerate their developments for lithium batteries...
Ford Motor Co. will partner with LG Energy Solution Ltd. to build a new battery plant in Turkey, dropping a deal with SK On Co., as the US carmaker seeks to speed up the shift to...
