Ford Motor unveils shocking changes to EV plans amidst fierce global competition

Ford Motor unveils shocking changes to EV plans amidst fierce global competition

Ford Motor Company is strategically realigning its electric vehicle (EV) roadmap in response to mounting global competition and evolving market dynamics, aiming to establish a more profitable, capital-efficient business model while expanding its offering of low CO2 emission vehicles. To accelerate customer adoption of electric vehicles, Ford Motor Company plans to introduce a diverse range […]

Ford Motor to build $3.5bn BlueOval Battery Park Michigan in Marshall

Ford Motor to build $3.5bn BlueOval Battery Park Michigan in Marshall

Ford Motor Company will construct the BlueOval Battery Park Michigan, a new $3.5 billion lithium iron phosphate (LFP) battery facility in Marshall, Michigan to become the first automaker to manufacture both nickel cobalt manganese (NCM) and LFP batteries in the US. The country’s first automaker-backed LFP battery facility is anticipated to diversify Ford Motor’s US […]