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Ford terminates $6.5 billion LG Energy deal after retreating from EVs — and retail is split
Ford and LG Energy signed a $6.5 billion contract in 2024 to supply up to 34 gigawatt-hours of batteries between 2026 and ...
The electric van’s replacement will still have a battery, but not one that will power it over significant distances.
Ford Motor Co. is significantly scaling back its electric vehicle program, citing years of financial losses. The automaker reported losses totaling approximately $13 billion on EV projects since 2023.
Automakers are shifting strategies as Chinese brands rise and regional market needs diverge from regulatory mandates.
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient ...
Mass layoffs are anticipated at Kentucky’s BlueOval SK plant as Ford Motor Co. takes over and repurposes the EV battery ...
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient ...
Ford is officially discontinuing the fully-electric F-150 Lightning at the end of 2025, taking a massive $19.5 billion USD ...
While most Hardin County residents are unsure of how to feel about the recent retooling of the plant, others are cautiously ...
Ford shifts Blue Oval City production from electric to gas trucks, prompting state officials to consider renegotiating the ...
Ford Motor Company is planning to expand its battery production at its new BlueOval Battery Park in Marshall, on track to be ...
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