All Stories Tagged: Ford

Ford's electric vehicle division is working to development cost improvements as the company continues to invest in future products.

New production of the Lightning will be put on hold to address high inventory.

The Ford company said it intends to reprioritize its efforts in hybrid vehicles over the next few years.

The popular carmaker's electric vehicles department operated at significant losses throughout the first half of its fiscal 2024.

In its Q4 2023 earnings report, Ford revealed that it lost $4.7 billion on its Model E EV segment.

Ford's ultimate goal is to ramp up EV production to a 2 million run rate.

Ford claims to have sorted out battery resource issues, increased plant capacity, and is planning to boost production of the F-150 Lightning throughout 2023.

Ford EV drivers will gain access to over 12,000 Tesla Superchargers in North America.

Ford's EV division is expected to continue losing money throughout the year.

Ford is looking to match the increased demand for its EVs by expanding the production of vehicles like the F-150 Lightning.