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Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

A recent filing has revealed Ford CEO Jim Farley’s latest pay increase, with his total compensation increasing by as much as 26 percent in 2023. Securities and Exchange Commission (SEC) last week, Ford revealed that CEO Jim Farley’s total compensation in 2023 was nearly $26.5 In proxy statement filed with the U.S.

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PG&E and Ford collaborate on bidirectional electric vehicle charging technology in customers’ homes

Green Car Congress

PG&E and Ford will test the F-150 Lightning and its Intelligent Backup Power bidirectional charging capabilities in providing backup power for customers’ homes in PG&E’s service area. Through collaborations with automakers like Ford, we are innovating together for a cleaner, safer and brighter future for all.

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Report: 50 years ago, GM and Ford understood climate change was an issue

Green Car Reports

General Motors and Ford knew about the possible impact of climate change as far back as 50 years ago, according to a new report from E&E News.

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Ford Issues Official Statement On UAW Contract Ratification

The Truth About Cars

While the United Auto Workers’ contract seems to be a done deal for all three Detroit-based automakers, Ford is the only brand that’s issued any formal statements on ratification thus far. It was still a corporate press release, however, and came with plenty of the usual trappings. Now, we are getting back to work as one Ford team.

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Ford receives Federal backlash following Chinese battery agreement

Teslarati

Florida Senator Marco Rubio is calling for an investigation into Ford’s recent announcement of a new battery production facility built in conjunction with Chinese battery supplier CATL. Ford was not immediately available to comment to Teslarati regarding the criticism.

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Toyota, Stellantis, Ford, and other OEMs begin serious battery production push

Teslarati

It seems like legacy automakers, including Toyota, Stellantis, Ford, and General Motors, are starting to embrace the EV transition. It will work with Toyota Tsusho Corporation, which has a Metals Division that focuses on vehicle weight reduction and electrification functionalities. Ford announces 11.4B

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Investigation Faults Ford Battery Supply Over National Security Issues

The Truth About Cars

The documents reportedly revealed that four Chinese firms "will be intimately involved" in the development, construction, servicing, and information technology processes for the EV battery factory Ford is building in Marshall, Michigan. But this has only made Ford’s situation more fraught with peril.& Meanwhile, U.S.

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