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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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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. The Michigan Assembly plant is getting a third shift as Ford continues to lean on gas vehicle sales to bolster its finances.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Louisville Gas & Electric and Kentucky Utilities. Pacific Gas & Electric. Charging infrastructure financing: Unlocking Up $4.5 Among the actions announced are: Unlocking up to $4.5 Electric Drive Transportation Association (EDTA). Eversource Energy. Florida Power and Light Company. Georgia Power. General Motors.

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DOE Finalizes $5.9 Billion Loan for Ford Motor Company

Green Car Congress

billion to Ford Motor Company to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce more fuel efficient models. The loan for Ford Motor Company is the first to be finalized since the program was appropriated in the fall of 2008. Earlier post.). The program was appropriated $7.5

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