Ford Ends Purchase Option for Leased Electric Vehicles

A new move from Ford could force drivers of leased F-150 Lightning, Mustang Mach-E and E-Transit vans to return the vehicles to dealers after the leasing period is up. Ford is doing away with the option to purchase its EVs at the end of lease periods, according to a letter to dealers recently discovered by […]

Ford Mustang Mach-E Profits Cut by Inflation, But Demand Remains: CFO

Even as Ford and other automakers continue to pass inflation costs off to consumers, one Ford executive says the efforts weren’t enough to stop high demand from cutting out profits completely on one new electric vehicle (EV). Ford CFO John Lawler said on Wednesday that the automaker’s profits from the Mustang Mach-E were erased by […]

Ford Includes Tesla Charging Adapter with F-150 Lightning [Update]

Tesla has remained in Ford’s crosshairs ever since electric vehicles (EVs) started gaining traction, and a recent move with the delivery of Ford’s first electric trucks seems to be trolling the all-electric automaker. Ford has been delivering units of the F-150 Lightning electric pickup with a Tesla charging adapter, which some speculate may be the […]

First Ford F-150 Lightning Delivered in Michigan

Ford has officially begun delivering the F-150 Lightning, and the first owner has shared several details on the electric pickup. The first of Ford’s F-150 Lightning pickups has been delivered, as shown in a picture on F150Gen14 on Thursday. The delivery made its way to Nick, a member of the F-150 Lightning Forum who shared […]

Ford Pulls Phone Key Feature from F-150 Lightning Truck For Now

Ford has decided to disable the “Phone-as-a-Key” feature in the F-150 Lightning, now being delivered to dealerships, with plans to re-enable the feature later this year via an over-the-air (OTA) software update — reports InsideEVs. Phone-as-a-Key, as suggested by its name, lets F-150 Lightning owners use their smartphones to lock and unlock the all-electric truck, […]

Ford to Sell Off 8 Million Shares from its Rivian Stake: Report

Ford Motor Co. is planning to sell 8 million shares out of its 12% stake in electric truck startup Rivian Automotive — reports CNBC. Ford will sell the shares through Goldman Sachs, sources told the publication. The veteran automaker currently owns a total of 102 million shares in Rivian. The shares will go on sale for […]

Ford Upgrades Mustang Mach-E Towing Capacity in Europe

The Ford Mustang Mach-E has been available for over a year now in Europe, and the automaker is announcing a few improvements to the vehicle’s extended-range variants across the pond. Ford increased the braked towing capacity of the Mustang Mach-E to 1,000 kilograms for the extended range models in both the rear and all-wheel drives […]

Ford F-150 Lightning Gets Increased Horsepower, Payload Capacity Ahead of First Deliveries

Ford began production of its F-150 Lightning electric pickup trucks last week, and as the automaker prepares to deliver them, starting with the Pro model, it has apparently increased the truck’s available horsepower rating. The Ford F-150 Lightning Standard- and Extended-range battery packs will include more horsepower than the automaker originally targeted, according to a […]

Ford Reports $3.1 Billion Loss in Q1, Due to Rivian Investment

Ford, an early backer of Rivian, posted a $3.1 billion loss, due to the EV startup’s shares sliding since its November IPO, according to CNN. Ford invested around $500 million into Rivian, and while the EV automaker was technically one of the most valuable automakers even before reporting any sales, the startup’s stock has been […]

Ford Plans to Challenge Tesla to Become Top EV Maker in the World: CEO

Ford CEO Jim Farley took the stage on Tuesday at a launch event for the F-150 Lightning, the veteran automaker’s first-ever all-electric pickup truck. Farley also touched upon Ford’s future during the event, reiterating that the company plans to produce 2 million electric vehicles (EVs) per year by 2026 and eventually challenge Tesla for the […]

Ford Starts Production of F-150 Lightning Electric Trucks

Ford began producing the F-150 Lightning on Tuesday, the legacy automaker’s first-ever all-electric pickup truck, according to the American automaker. Production of the Ford F-150 Lightning is taking place at the automaker’s historic Rouge Complex in Michigan, where the company has established a moving assembly line. Ford Executive Chair Bill Ford called the electric pickup’s […]