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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 to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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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. This amounts to 700 production employees. These reductions in staffing will not result in job losses, a Ford spokesperson told the publication.

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Ford Pro reveals first details of electric E-Transit Custom

Green Car Congress

In Europe, Ford took another major step in its electrification transformation as Ford Pro revealed the first details of the all-new, all-electric, E-Transit Custom. The all-electric E-Transit Custom will enter production in the second half of 2023. Further product details will be released in September this year.

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Ford Pro now shipping E-Transit electric vans to European customers from Ford Otosan plant in Turkey

Green Car Congress

Ford Pro is now shipping the first production units of its all-electric E-Transit van to customers across Europe from the Ford Otosan factory in Kocaeli, Turkey, a milestone that closely follows the start of deliveries to US customers from Kansas City Assembly Plant in February. Earlier post.)

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Ford splitting auto business into two distinct entities: Ford Blue and Ford Model e

Green Car Congress

Ford is continuing to transform its global automotive business, accelerating the development and scaling of electric, connected vehicles, while leveraging its nameplates to strengthen operating performance and take full advantage of engineering and industrial capabilities. —Ford President and CEO Jim Farley.

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

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