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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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Shell is shedding some gas stations in favor of EV charging

Baua Electric

Shell plans to eliminate some of its current gas stations while putting further emphasis on EV charging. “We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs,” Shell said in its 2024 Energy Transition Strategy report (via Yahoo!

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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

The collaboration, forged by the White House in partnership with DOE and the Department of Transportation (DOT), the US Air Force and US Army, and the Environmental Protection Agency, is centered on a set of Guiding Principles to Promote Electric Vehicles and Charging Infrastructure. Electric vehicle coalition.

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Camry hybrid, Ioniq 5 N reviews; Prius and Cybertruck recalls; Highlander EV: The Week in Reverse

Baua Electric

The Kentucky-made three-row Toyota electric SUV that the automaker has been underscoring is on the way has taken on an intriguing twist with new info: that it’s reportedly a Toyota Highlander EV. bound fully electric luxury convertible will come from Italy. It’s looking increasingly likely that the first U.S.-bound

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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 US Department of Energy (DOE) has closed on its loan offer of $5.9 Earlier post.).

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