Ford isn’t just scaling back on electric vehicles, it’s rethinking how it handles batteries altogether. This month, the automaker scrapped not one but two major EV battery deals: an $11.4 billion ...
South Korean battery manufacturer LG Energy Solution Ltd (LGES) has revealed in a regulatory filing that it has been notified by Ford Motor Company of the cancellation of their KRW 9.6 trillion (US$ 6 ...
Ford pauses electric pickup production as consumer demand fails to meet expectations Range-extended trucks replace pure electric models in Ford’s revised vehicle strategy Battery factories shift focus ...
Ford Motor Company is unwinding a cornerstone of its electric vehicle strategy. Ford Authority reports that the automaker and South Korean battery manufacturer SK On plan to dissolve their BlueOval SK ...
Temperatures are expected to reach negative status this weekend, and many in Kalamazoo County will need somewhere to stay warm. Kent County road rage incident leads to shooting, person of interest in ...
LOUISVILLE, Ky. (WDRB) -- All 1,600 employees of the brand new electric vehicle battery plant in Kentucky will be laid off before Ford converts it to manufacture batteries for data centers and other ...
The automotive giant will leverage its plants in Kentucky and Michigan, along with its lithium iron phosphate (LFP) technology know-how, to provide solutions for energy infrastructure and the ...
Ford is jumping into the battery energy storage business, betting that booming demand from data centers and the electric grid can absorb the EV battery capacity it says it’s not using. To achieve this ...
Ford (F) has announced a series of moves in its electric vehicle business, pivoting to a hybrid and extended-range EV (EREV) strategy instead of full EVs. The company will take $19.5 billion in ...
Ford Motor Co. has once again pivoted and is dramatically changing its electric vehicle strategy — creating major ramifications in Kentucky, including the layoff of more than 1,000 workers. On Dec. 15 ...
Ford Motor and SK On built a pair of electric vehicle battery plants in Glendale, Ky. (Christopher Otts/WSJ) Ford Motor and SK Group are ending their joint effort to produce electric-vehicle batteries ...
Ford Motor Co. and South Korea’s SK Innovation Co. will break up their U.S.battery-making venture, with the two partners agreeing to independently own and operate production facilities rather than run ...
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