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Ford builds 150,000th Mustang Mach-E; on sale in 37 countries

Green Car Congress

Ford has produced its 150,000 th Mustang Mach-E electric vehicle since starting production nearly two years ago, a significant milestone as the company scales EV production to a rate of 600,000 annually by late 2023 and more than 2 million annually by 2026.

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Ford, Rio Tinto sign MOU for battery and low-carbon materials supply to support net-zero future

Green Car Congress

Ford Motor Company and Rio Tinto have signed a non-binding global memorandum of understanding (MOU) jointly to develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles. Rio Tinto completed its acquisition of Rincon earlier this year. Earlier post.)

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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Ford announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026. Ford announced that Contemporary Amperex Technology Co., 150,000 F-150 Lightnings for North America.

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Ford building new $1.6B plant in Mexico for small cars

Green Car Congress

Ford is investing US$1.6 This investment comes during Ford’s 91 st year in Mexico, including manufacturing vehicles since 1925. Mexico is Ford’s fourth-largest vehicle manufacturing site for global customers—behind the US, China and Germany. During the past five years, Ford has invested more than $10.2

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Ford CEO Fields elected to IBM Board of Directors

Green Car Congress

The IBM board of directors elected Mark Fields, president and chief executive officer, Ford Motor Company, to the board effective 1 March 1, 2016. He is leading Ford into a future where cars are not only vehicles, but increasingly becoming mobile technology platforms. Fields joined Ford in 1989.

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Ford joins voluntary greenhouse gas reporting program in India; first automaker

Green Car Congress

Ford Motor Company became the first automaker to join a voluntary greenhouse gas reporting program recently established in India. The company already participates in similar programs in the United States, China, Canada, Mexico, Brazil and Argentina.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

Established in 1997, Lake Resources currently develops four lithium brine projects in Argentina. BlueOval SK, the joint venture between SK On and Ford Motor Company, is building three plants in the US —one in Tennessee and two others in Kentucky. million electric vehicles (EVs). They are expected to be operational from 2025.

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