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Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

A recent filing has revealed Ford CEO Jim Farley’s latest pay increase, with his total compensation increasing by as much as 26 percent in 2023. Securities and Exchange Commission (SEC) last week, Ford revealed that CEO Jim Farley’s total compensation in 2023 was nearly $26.5 In proxy statement filed with the U.S.

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Ford Has Paused F-150 Lightning Shipments

The Truth About Cars

Ford has stopped shipments of the 2024 F-150 Lightning, but not because there isn’t demand for the electric truck. The automaker said it stopped deliveries on February 9 to conduct quality inspections, but production is still rolling at the automaker’s Rouge Electric Vehicle Center. Image: Ford] Become a TTAC insider.

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PG&E and Ford collaborate on bidirectional electric vehicle charging technology in customers’ homes

Green Car Congress

PG&E and Ford will test the F-150 Lightning and its Intelligent Backup Power bidirectional charging capabilities in providing backup power for customers’ homes in PG&E’s service area. The first installations of Ford’s Intelligent Backup Power are beginning in spring 2022, supported by Sunrun as Ford’s preferred installation partner.

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General Motors inks cobalt supply deal with Glencore

Teslarati

General Motors has inked a new cobalt supply deal with Glencore PLC, a mining company that has dealt with EV leader Tesla in the past, as electric vehicle material availability becomes more unpredictable. Both General Motors and Glencore are members of the Responsible Minerals Initiative (RMI). “GM

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Ford begins deliveries of the F-150 Lightning electric pickup in Europe

Teslarati

Ford has begun deliveries of its F-150 Lightning electric pickup truck in Europe, with the first of the units going to a couple located in Norway. “Exciting to see our Ford customers in Norway begin receiving their F-150 Lightning deliveries,” wrote Farley in the post. “Congrats to Dag and Angela.

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Ford, GM to receive HPC4EI funding for battery projects

Green Car Congress

Among the projects selected were one by Ford and one by GM, both on aspects of batteriess. Baker Hughes will de-risk the potential corrosion and embrittlement challenges associated with hydrogen transportation and its blending with natural gas, through down selection of a novel metal-organic framework-based hydrogen sensor using HPC.

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Ford, GM & four other OEMs commit to phase out gas car production by 2040

Teslarati

Fossil fuel car emissions contribute to greenhouse gas emissions around the globe. During the gathering, Volvo, Ford Motor Co., General Motors Co, Daimler AG’s Mercedes-Benz, BYD from China, and a unit from India’s Tata Motors Ltd. For instance, Volvo plans to go full electric by 2030.

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