Teslarati

APRIL 29, 2024

Ford is doubling down on electric vehicles (EVs) despite the fact that its Model e unit reported heavy losses in the first quarter. Ford’s EV unit, called the Model e, reported plunged revenues of up to 84% to nearly $100 million in the first quarters. Ford aims to price its next EV around $25,000 to $30,000.

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Baua Electric

APRIL 26, 2024

In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. As reported by CNN , Ford said its EV unit lost $1.3 Sales were down 20% from a year earlier, but revenue was down 84%, something Ford attributed to industry-wide EV price cuts.

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Baua Electric

MARCH 18, 2024

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Ford learned “pretty quickly to bet on a smaller EV platform.”

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Green Car Congress

FEBRUARY 14, 2023

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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Green Car Reports

FEBRUARY 7, 2024

In the same quarterly investor call where Ford emphasized a pivot toward more affordable EVs, Ford on Tuesday also suggested that hybrids will remain an important and growing part of its vehicle lineup for many years.

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Ford Hybrid Affordable Parts 144

Green Car Reports

NOVEMBER 3, 2020

Ford’s plan for electric vehicles doesn’t include anything quite like the loaded GMC Hummer EV, but referring to the so-called supertruck last week helped Ford CEO Jim Farley define Ford's EV strategy.

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Ford Electric Vehicles Affordable Hummer 154

Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Ford’s Model e electric vehicle unit lost $4.7 billion last year.

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Teslarati

MAY 17, 2024

Ford is asking suppliers to help with its quest toward profitability in its electric vehicle efforts, as its survival depends on cost-cutting. Ford has spent billions attempting to compete with industry giants like Tesla, and in Q1, it recorded a $1.3 billion operating loss for its EV and software division, known as Model e.

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Green Car Reports

FEBRUARY 10, 2023

Ford is reportedly partnering with the world’s largest supplier of EV battery cells, China’s CATL, for a plant in Michigan that will produce them for upcoming Ford electric vehicles, according to Friday afternoon reports from the Detroit News and Bloomberg. Outside of Ford’s $11.4

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Green Car Congress

MAY 20, 2021

Ford unveiled the F-150 Lightning battery-electric pickup. 2022 Ford F-150 Lightning Platinum, Lariat, XLT. Ford is taking reservations with a $100 deposit. The F-150 Lightning is a massive moment for our Ford team. 1 auto brand is going zero emissions with America’s favorite vehicle. America’s No.

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Baua Electric

MARCH 22, 2024

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. New Tesla Model 3 (Courtesy of Tesla, Inc.)

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Teslarati

MARCH 20, 2024

Ford is finally permitting car dealers to list electric vehicles (EVs) below MSRP (manufacturer’s suggested retail price. Ford also told dealers they no longer require compliance with its strict Minimum Allowable Advertised Price (MAAP). The post Ford permits dealers to list EVs below MSRP appeared first on TESLARATI.

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Dealers Ford F-150 Price 112

Baua Electric

APRIL 5, 2024

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. Ford sold 20,223 electric cars in the first quarter of 2023, while GM sold 16,425.

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Teslarati

MAY 2, 2024

Ford has rebounded from what many considered to be a tough Earnings Call regarding its electrification plans with a crazy EV growth figure in April. Ford managed to increase its EV sales by 129.2 Ford sold 8,019 EVs in April 2024, a drastic increase from the 3,499 it sold last year. The E-Transit also sold 1,036 units.

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Teslarati

MAY 21, 2024

Ford has begun asking its dealerships to put a pause on making investments toward its electric vehicle (EV) certification program, until it’s able to discuss and make additional changes to the program at an upcoming meeting. The post Ford dealers to pause EV program as company mulls over changes appeared first on TESLARATI.

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Teslarati

MARCH 31, 2024

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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Green Car Congress

AUGUST 27, 2020

Ford Motor Company, Bedrock and Bosch are launching a demonstration project with connected Ford Escape test vehicles that can drive and park themselves inside Bedrock’s Assembly Garage in Detroit using Bosch smart infrastructure. —Ken Washington, chief technology officer at Ford Motor Company.

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Green Car Congress

OCTOBER 31, 2020

Ford’s hands-free Active Drive Assist feature will arrive first on 2021 F-150 and 2021 Mustang Mach-E, included as standard on certain models or as relatively affordable option on others, with both vehicles becoming available to customers in late 2020. The Ford Co-Pilot 360 Active 2.0 package for $1,595.

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F-150 Ford Purchase Available 397

The Truth About Cars

MAY 24, 2024

Ford cut Mustang Mach-E pricing earlier this year, achieving its intended result of boosting demand for the electric SUV. Now, the automaker is offering a zero-percent APR for qualified customers, making the vehicle even more affordable. Images: Ford] Become a& TTAC& insider.

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CleanTechnica EVs

FEBRUARY 16, 2024

The post Will US Automakers Build Affordable Electric Cars Before China Does? The push to make less expensive electric cars for American drivers is spurring intense competition to lower manufacturing costs. appeared first on CleanTechnica.

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The Truth About Cars

APRIL 2, 2024

One factor that is coming into clear focus is pricing, as Ford recently found out with the Mustang Mach-E. Ford knocked several thousand dollars off the Mach-E’s price earlier this year and has offered aggressive financing deals with interest rates as low as zero percent. & & [Image: Ford] Become a& TTAC insider.

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Green Car Congress

JULY 18, 2023

Ford is cutting the prices on its entire F150 Lightning electric pickup truck lineup, with reductions ranging from $9,979 for the Pro to $6,079 for the top-of-the-line Platinum Extended Range. In addition, Ford Credit is offering eligible buyers interest rates as low as 1.9% APR for 36-months.

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CleanTechnica EVs

MARCH 19, 2024

Various EV outlets and even Bloomberg are reporting that Ford has secret plans to build an affordable EV platform, aiming for both a small pickup and an SUV in the $25,000 range. continued] The post Can Ford Pull Off A Decent $25,000 EV? appeared first on CleanTechnica.

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Ford Affordable SUV Building 90

Teslarati

MAY 14, 2021

Ford patented a system that uses a vehicle’s cameras to detect billboards and pull them up on a car’s infotainment systems. Ford plans to fill in these gaps with in-car ads. Ford explains this in its patent. . Credit: US Patent Office.

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The Truth About Cars

FEBRUARY 26, 2024

Ford has stopped shipments of the 2024 F-150 Lightning, but not because there isn’t demand for the electric truck. The automaker said it stopped deliveries on February 9 to conduct quality inspections, but production is still rolling at the automaker’s Rouge Electric Vehicle Center. Image: Ford] Become a TTAC insider.

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Green Car Congress

MARCH 31, 2023

announced an agreement with Ford Motor Co., creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable. PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co.

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Teslarati

MAY 31, 2024

Ford recently slashed its electric vehicle (EV) prices in Australia by up to AUD$15,000 for some units. Ford EV price cuts follow a trend in Australia right now , where automakers are reducing EV prices left and right. As of this writing, the Ford Mustang Mach-E starts at $64,990 for the Select variant.

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Teslarati

MARCH 19, 2024

Ford is planning to delay some electric vehicle plans in favor of a lineup of small, compact $25,000 EVs that could launch shortly after Tesla launches a car at the same price point, a new report says. Ford EV “skunkworks” team is led by a Tesla alumni CEO Jim Farley said, “We’re going to spend less capital on larger EVs.

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Baua Electric

MAY 17, 2024

Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. Despite Renault confirming it was in “good discussions” with Volkswagen to build an affordable EV in February, it looks like the automakers may go their separate ways. However, a low-cost Volkswagen electric car is still in the plans.

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The Truth About Cars

MARCH 13, 2024

Ford has trademarked an interesting name from its back catalog. Oval has filed trademarks for "RS200" and "Ford RS200" within the European Union Intellectual Property Office, according to our sister publication. However, it’s unlikely that a modern incarnation of the rally-bred vehicle will mimic the original beyond its general form.

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Teslarati

OCTOBER 12, 2023

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Green Car Congress

SEPTEMBER 4, 2020

Insurance carrier Metromile and Ford Motor are teaming up to provide Ford connected vehicle owners with personalized car insurance to be more affordable and fairer. The agreement with Ford is Metromile’s first with a major manufacturer; Ford’s models are the most popular domestic make among Metromile customers.

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Green Car Congress

NOVEMBER 11, 2020

Ford Motor Company announced that its Kansas City Assembly Plant will build the all-new E-Transit van, part of a more than $3.2 billion investment in Ford’s North American manufacturing facilities to produce a series of new electric vehicles for commercial and retail customers. E-Transit is part of Ford’s more than $11.5

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Kansas City Kansas F-150 Ford 305

Baua Electric

MARCH 19, 2024

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

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Teslarati

JUNE 24, 2022

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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The Truth About Cars

OCTOBER 27, 2023

Ford and the UAW have reached a tentative agreement that will end the strike at some locations, but the automaker is looking at lower profits and a challenging road ahead with electrification. The automaker’s earnings fell short of expectations, and it saw continued losses from its electric vehicle business. It lost $1.3

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