Ford

Ford and Hyundai Jump on Gigapress Tech, Copying Tesla

Idra, an Italian manufacturer specializing in aluminium casting machines and a supplier to Tesla, has expanded its customer base to include Ford, Hyundai, and an undisclosed European company, reports Reuters. The expansion comes as more automakers are exploring the use of ‘gigapresses’ in vehicle manufacturing. Tesla has pioneered the use of massive casting machines, also […]

Ford Pro Unveils New Chargers for Electric Fleets

Ford Pro, the commercial arm of Ford Motor Company, has announced new additions to its electric vehicle (EV) charging solutions aimed at easing the transition for businesses to electric fleets. The new Series 2 AC Charging Station 80 amp and expanded DC Fast Charger options come with a range of features designed to simplify and […]

Ford’s Mustang Mach-E Recall Being Probed by NHTSA

The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Ford Motor’s recall of its 2022 Ford Mustang Mach-E electric vehicles. The agency is determining whether the recall of nearly 49,000 vehicles, issued in June 2022, adequately addressed safety concerns, reports Reuters. Ford initiated the recall after identifying an issue where the vehicle’s […]

Canada and Quebec Invest $644 Million in New Ford Battery Plant

In a significant move that underscores Canada’s commitment to green innovation, the Government of Canada and the Province of Quebec announced a joint investment of $644 million towards the establishment of a new battery materials production facility in Bécancour, Quebec. On August 17, 2023, at an event in Bécancour, François-Philippe Champagne, Minister of Innovation, Science […]

Ford BlueCruise Expands with Subscriptions and Free Trial

Ford says it is revolutionizing its hands-free driving technology, BlueCruise, by offering more flexible subscription plans and free trials for its customers. Currently, there are 225,000 Ford BlueCruise-equipped vehicles worldwide. By 2024, Ford aims to add BlueCruise hardware to an additional 500,000 vehicles across its Ford and Lincoln brands in North America. This move is […]

Ford Hires Apple Exec to Lead Software and Services Division

Ford has appointed Peter Stern, a former Apple executive, as the president of its newly established Ford Integrated Services. Stern, known for his leadership at Apple where he oversaw a suite of services including Apple TV+, iCloud, and Apple Arcade, will now steer Ford’s ambitious digital transformation. Reporting directly to Ford’s President and CEO, Jim […]

Ford’s Electric Unit Navigates a $4.5 Billion Loss

Ford’s second-quarter 2023 report reveals solid operating results with a 12% YoY increase in revenue to $45 billion. The surge was largely driven by the popularity of its various product lines including trucks, SUVs, and commercial vans. A standout was Ford’s electric unit, Ford Model e, that registered a revenue increase of 39%, further establishing […]

Ford Cuts F-150 Lightning Prices Across the Board

Ford is slashing prices for the F-150 Lightning across the board, leveraging an augmented plant capacity, refined production techniques, and reduced battery material costs, said the company on Monday. The Rouge Electric Vehicle Center, situated in Michigan, has paused operations temporarily to enable essential plant improvements. These enhancements will facilitate a threefold surge in the […]

Ford F-150 Lightning Recall Reaches Canada Over Lightbar

Transport Canada has issued a safety recall for certain 2022-2023 models of the Ford F-150 Lightning trucks. The recall was prompted by an identified issue in the rear lightbar of the trucks, which could potentially crack, allowing water to leak in and impair the functioning of the reverse lamps. This defect poses an increased risk […]

Ford’s Q2 EV Sales Dip in U.S., Mach-E Sales Down 21%

Ford reported a slight decrease of 2.8% in its US electric vehicle (EV) sales in the second quarter of the year. This slip comes after the automaker halted production at its Cuautitlan, Mexico plant, which produces the battery-powered Mustang Mach-E. The pause, which took place in January and February, aimed to double the factory’s capacity. […]

Ford CEO: Cybertruck is for Silicon Valley, Our Trucks for Working People

In a recent sit-down with CNBC’s Jim Cramer, Ford CEO Jim Farley shared insights into the company’s future, its electric vehicle (EV) strategy, and its partnership with Tesla. The interview took place at Ford’s headquarters in Dearborn, Michigan. Farley revealed that Ford’s decision to partner with Tesla was driven by the reliability and extensive reach […]

Tesla May Earn $3 Billion from GM, Ford Charging Deals: Analyst

Tesla, under the leadership of Elon Musk, could potentially garner earnings as high as $3 billion by the end of the decade, leveraging its charging network agreements with automotive giants Ford and General Motors. The projection comes from an analysis conducted by Piper Sandler, reports Bloomberg. The most recent agreement was announced on Thursday in […]

Ford to Adopt Tesla’s EV Charging Standard, Opening Superchargers

In what looks to be a surprise move, Ford announced today that it has reached an agreement with Tesla, granting Ford electric vehicle (EV) customers access to over 12,000 Tesla Superchargers across the U.S. and Canada. This move, set to take effect in early 2024, will effectively double the number of fast-chargers available to Ford […]

Ford Unveils Plans for New 3-Row Electric SUV and Pickup Truck

Ford CEO Jim Farley has revealed exciting details about the company’s electric vehicle (EV) initiatives during a Capital Markets day for investors. The highlight of the presentation was the unveiling of a new battery-electric three-row SUV set to launch in 2025. This vehicle will be the people-hauler sibling of the successor to the F-150 Lightning, […]

Bridgestone Debuts Turanza EV Tire for Tesla and Mustang Mach-E

Bridgestone has made a significant leap in the electric vehicle (EV) market with the global launch of its Turanza EV grand touring tire. This tire is specifically designed for premium electric vehicles, and is the first replacement tire from the company to feature the revolutionary Bridgestone ENLITEN technology. The Turanza EV tire, which is now […]