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 ...
Ford Motor Co. cut back its EV plans last week in a major announcement, but it simultaneously placed a big bet on a new business line: producing batteries for energy storage. The pivot was made ...
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LGES’s Polish factory near Wrocław loses a key customer South Korean battery manufacturer LG Energy Solution Ltd (LGES) has revealed in a regulatory filing that it has been notified by Ford Motor ...
LG Energy Solution (LGES) has ended a major electric vehicle (EV) battery supply agreement with Ford Motor Company valued at about KRW9.6 trillion (approx. US$6.53 billion). The termination highlights ...
Ford has canceled an electric vehicle battery contract with LG worth 9.6 trillion Korean won (US$6.52 billion). The contract was set to run from 2027 to 2032. The cancellation is tied to Ford's ...
Ford is redeploying capital away from select large EVs and into trucks, hybrids, affordable EVs, and battery energy storage, while taking sizeable EV-related charges and still raising 2025 profit ...
HUNDREDS OF CARS THROUGHOUT THE CITY. WHAT LED TO THEIR ARRESTS? BUT FIRST, FORD ANNOUNCES MAJOR CHANGES AT ONE OF ITS KENTUCKY PLANTS THAT COULD IMPACT HUNDREDS OF LOCAL WORKERS. THE AUTO GIANT PLANS ...
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 ...
Ford confirms the fully electric F-150 Lightning ends production this year, but the Lightning name isn’t going anywhere. Ford will end production of the current all-electric F-150 Lightning this year.
Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. The majority of the charges will come ...
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