Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government ...
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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 electric vehicle 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 ...
Ford has cancelled a $6.5 billion EV battery contract with South Korea’s LG Energy Solution. Ford cancelled a $6.5 billion EV battery deal with LG Energy Solution. The move reflects Ford's shift to ...
Despite strong sales, the Ford Escape is ending production after 25 years. Ford recommends shoppers opt for the more off-road-oriented Bronco Sport SUV. Alternatives to the Escape include the Honda CR ...
Just days after dialing back its electric vehicle plans, and barely a week after abandoning its $11.4 billion battery venture with South Korean firm SK On, Ford has now cancelled another high-stakes ...
South Korea's LG Energy Solution said on Wednesday that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about $6.50 billion. The South Korean battery maker said in a ...
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 ...
SEOUL, Dec 17 (Reuters) - South Korea's LG Energy Solution (373220.KS), opens new tab said on Wednesday that Ford Motor (F.N), opens new tab has terminated an electric vehicle (EV) battery-supply deal ...