Biden Is Lending $9.2 Billion to Ford for 3 EV Battery Factories
The Department of Energy has allocated $9.2 billion to a joint venture involving Ford and a Korean company for three plants in Tennessee and Kentucky.
Stay updated with breaking news from Ordf 150 Ev. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Department of Energy has allocated $9.2 billion to a joint venture involving Ford and a Korean company for three plants in Tennessee and Kentucky.
Ford's F-150 Lightning EV pickup has preorders surging to 160,000 units and counting, but when is its release date?
Tesla's market share of the global electric-car market fell to 11% in April. The electric-car company's lead in the US is also narrowing, as Ford and GM build their own EVs. Tesla's stock fell to its lowest level in three weeks following the news. Tesla's grip on the electric-car market is slipping. In April, the carmaker's global market share fell to its lowest level since January 2019, according to Credit Suisse analyst Dan Levy. Tesla's slice of the global EV market share dropped from 29% to 11% between March and April as more automakers flooded the space. Former Ford CEO Mark Fields told ...
Ford Ford on Monday revealed the F-150 Lightning Pro, the newest version of its electric pickup truck. The Lightning Pro is aimed at commercial customers, unlike the F-150 Lightning, which is aimed at the general public. The main difference is that the Pro comes with telematics software so managers can keep track of their vehicle fleet. Ford on Monday unveiled the F-150 Lightning Pro, a version of its newly announced electric pickup truck. This version is aimed at businesses. Ford revealed its first all-electric pickup truck, the F-150 Lightning, on Thursday. The...