Ford Motor Co on Tuesday posted robust first-quarter revenue and profit, thanks to strong demand for trucks and SUVs, but issued a measured full-year outlook tempered by continued losses in its electric-vehicle unit. In a late briefing, Ford Chief Executive Officer Jim Farley said he hopes the company becomes “boringly predictable” at meeting investor expectations. […]
California utility PG&E Corp PCG.N is partnering with U.S. automaker Ford Motor Co F.N to bring bidirectional charging electric vehicles to its customers, the utility’s chief executive said on Thursday. “We’re announcing today our partnership with Ford Motor Co to bring bidirectional charging vehicles, specifically the Ford F-150 Lightning, to the PG&E customers,” Patti Poppe […]
Ford Motor Co is working with scientists at Purdue University in Indiana on a patent-pending plan to slash the average time it takes to recharge all-electric vehicles at charging stations from an estimated 25 minutes to 5 minutes. “That’s a game changer,” said longtime industry analyst John McElroy, host of Autoline After Hours podcast and […]
President Joe Biden’s highlighted his $174 billion proposal to transform the automobile industry in a visit to a Ford Motor Co. plant in Michigan on Tuesday, even as a global chip shortage hinders production. Biden got a sneak peek at the F-150 Lightning — an all-electric version of the pickup that has been the best-selling […]
Biggest U.S. automaker will have 30 all-electric models by 2025 and zero out corporate emissions by 2040. General Motors plans to achieve companywide carbon-neutrality by 2040 and sell only carbon-emissions-free light-duty vehicles by 2035, a major step by America’s biggest automaker to align its future with the climate-change imperatives of the international Paris Agreement and […]