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Ford investing $3.5B to build LFP battery plant in Michigan; partnering with CATL

Green Car Congress

Ford will invest $3.5 billion to build the country’s first automaker-backed LFP battery plant, offering customers a second battery technology within Ford’s EV lineup. Ford is now commited to build both nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) batteries in the US. With this $3.5-billion

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. This helped to cancel out increases from BMW (4.4%), Daimler (11.5%), Ford (4.9%), GM (1%), Hyundai (2.8%), Stellantis (5.6%) and Volkswagen (4%). ” For Tesla, transaction prices decreased 5.5

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Ford teases its newest electric SUV offering

Teslarati

Ford has teased its next electric vehicle offering, but sadly, it likely won’t be coming to the United States. The Ford Puma is one of the most popular vehicles the Blue Oval produces, yet outside of the markets that it is sold in, it is essentially unknown. The all-electric @Ford Puma is heading to Australia!

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Tesla dominates January BEV sales in the United States with S3XY lineup all in Top 10

Teslarati

Tesla’s domination of the United States electric vehicle sector continues Tesla’s Model Y, Model 3, and Model S claimed the top three spots of January’s U.S. Around 50,380 electric vehicles made their way to customers in the United States in January, according to new data from Experian and Automotive News.

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Ford EV sales handily outpace segment, led by Mustang Mach-E

Teslarati

Ford has released sales data for November, and the company’s electric offerings continue to be the star of the sales report. While Ford’s overall sales shrunk by 7.8% The electric SUV offering led this sales growth from Ford, the Mustang Mach-E. The Ford Mustang Mach-E was the clear winner in November.

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Ford brings generous offers to Mustang Mach-E, F-150 Lightning to make its EVs more accessible

Teslarati

Ford is offering special financing on the Mustang Mach-E and F-150 Lightning as it is attempting to make its electric vehicles more accessible by improving affordability through both leasing and purchasing. APR for terms up to 60 months for qualified customers financing a Mustang Mach-E F-150 Lightning 0% APR for 36 months or 3.9%

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Ford costs are ‘not competitive’ in China, announces sweeping changes

Teslarati

Ford has announced a sweeping set of changes to help make its operations in China more competitive as quickly as possible. Much like many legacy automakers, Ford has been struggling to achieve higher levels of profitability as it invests heavily in new markets and segments, notably including electric vehicles.

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