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Ford investing £150M in Halewood plant to scale up EV portfolio

Green Car Congress

Building on its commitment to grow an all-electric vehicle range, Ford has invested a further £125 million in its Halewood Plant, on Merseyside in the UK—increasing capacity by 70%—plus £24 million in the supporting E:PRiME product development center. billion (US$2.6 billion) annually.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Electrek

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024.

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GM motor details, Ford battery recycling, Lotus’ lightweight EV platform: Today’s Car News

Green Car Reports

General Motors outlined what will help give its upcoming Ultium motors and drive systems efficiency and performance. And Ford is thinking big about battery recycling. Ford is partnering with Tesla co-founder JB Straibel’s Redwood Materials for. Lotus shows off its upcoming lightweight EV platform.

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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 Mustang’s electric shift, four-motor BMWs, Lincoln EV concept, Acura ZDX: Today’s Car News

Green Car Reports

The Ford Mustang is going fully electric—in a few years. BMW is looking at four-motor electric M performance cars. BMW announced that it’s testing a four-motor system for future M Performance EVs. Lincoln looked in the far-off future with a fresh concept. And Acura is calling its EV the ZDX.

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CATL to license LFP battery tech to General Motors

Teslarati

CATL (Contemporary Amperex Technology Co Ltd) is negotiating with General Motors (GM) to license its LFP (lithium iron phosphate) battery technology. Based on local reports in China, negotiations between CATL and General Motors are just starting. Last year, Ford announced plans to build a $3.5

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F-150 Lightning, Ford EV battery joint venture, in-wheel motors, heavy Hummer: Today’s Car News

Green Car Reports

Ford and SK Innovation announced a joint venture to make EV batteries in America. And we check in about why the Lightning won’t have in-wheel motors. The 2022 Ford F-150 Lightning electric pickup will start at. The F-150 Lightning electric truck has been revealed at a very affordable starting price.

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