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Ford cutting F-150 Lightning production workforce by two-thirds

Teslarati

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. This amounts to 700 production employees. These reductions in staffing will not result in job losses, a Ford spokesperson told the publication.

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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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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. But the company has also announced that it would be “re-timing and resizing some investments.” billion investment shrinking to roughly $2.2

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Ford and Microsoft Partnering on EV Smart Charging

Green Car Congress

Ford Motor Company and Microsoft Corp. announced at the New York International Auto Show that they are teaming up to implement the Microsoft Hohm energy management application for Ford’s electric vehicles. Ford is the first automaker to announce the planned use of Hohm, starting with the Focus Electric next year.

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The Importance of Managed EV Charging

EV Match

Managed EV charging can enable dozens of beneficial features to EV chargers such as access control, payment processing, data reports, demand response eligibility, and more. Here we break down the benefits of managed or “smart” charging to drivers, property owners, utilities, and society at large.

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SAE technical experts: fuel cell technology has advanced significantly, FC vehicle production has begun, further cost reductions & infrastructure development required

Green Car Congress

Takashi Moriya, Senior Chief Engineer at Honda R&D, re-iterated Honda’s strategic focus on electrification as the main pathway toward reducing greenhouse gases, and shift to renewable sources of energy. Cost, productivity, efficiency and fuel economy now offer the highest focus for technology investment, he said. Earlier post.).

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EV Radar: December 2021

Noodoe

New buildings will be required to include EV charging stations, as will renovated structures that have 10 or more parking spaces. The creation of this coalition means a big step toward getting a built-out charging infrastructure in the US. Shifting fleets to electric means also boosting the number of EVs in the second-hand car market.