Remove Boston Consulting Group Remove Ford Remove Manufacturer Remove Motoring
article thumbnail

Ford confirms construction of Rouge EV center to be home of electric F-150; production by mid-2022

Green Car Congress

Ford celebrated the production start of the all-new F-150 at the Ford Rouge Center and confirmed construction of the new Rouge Electric Vehicle Center where it will build the all-electric F-150 by mid-2022. Among the specific findings: Up to 14 US jobs are supported by each direct Ford F-Series employee.

F-150 396
article thumbnail

Study Suggests Automakers Lose $6,000 On Each EV Sold

The Truth About Cars

Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. Loh recommended manufacturers splitting costs with suppliers, rather than trying to go it alone.

article thumbnail

Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Ford began producing cars in Russia in 2002.

Russia 186
article thumbnail

Hilux, Ranger EV ute conversions by Roev from $47,990 as company confirms 2023 production

EV Central

Australian manufacturer Roev plans to do just that from 2023 by converting Toyota Hiluxes and Ford Rangers to electric, with conversions priced from $47,990. Roev will remove the ICE from Toyota Hiluxes and Ford Rangers and replace them with an electric motor and batteries. Fancy an electric ute for less than $80K?

article thumbnail

New electric truck company Chanje emerges from stealth; first model out this year

Green Car Congress

The dual motor system delivers a peak 148 kW and 564 lb-ft (764 N·m) of torque. Bryan Hansel, CEO of Chanje, also announced additions to the executive team: Ian Gardner, President - previously The Boston Consulting Group (BCG), Duke Energy, Los Angeles Clean Tech Incubator and others.

article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Ford, for example, recently cut 3,000 highly-paid salaried and contract workers as a down payment to help fund the transition to EVs. Ford CEO Jim Farley has said , employee cuts are necessary as Ford has “too many places in some places, no doubt about it. Ford is not alone.

Market 88