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Ford suspending JV operations in Russia

Green Car Congress

Ford announced that it is suspending JV operations in Russia, effective immediately, until further notice. In recent years, Ford has significantly wound down its Russian operations, which now focus exclusively on commercial van manufacturing and Russian sales through a minority interest in the Sollers Ford joint venture.

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Ford to sell 8M Rivian shares after $3.1B net loss

Teslarati

Ford plans to sell 8 million of its Rivian shares. Sources told CNBC ‘s David Faber that Ford will sell its Rivian shares through Goldman Sachs. Last month, Ford reported a net loss of $3.1 Shortly after Ford, Amazon reported a loss of $7.6 The post Ford to sell 8M Rivian shares after $3.1B

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Ford sells 8M Rivian shares for $214M and is still its fourth-largest shareholder

Teslarati

Ford sold eight million Rivian shares for $26.80 Despite selling a chunk of its Rivian shares, Ford remains the EV manufacturer’s fourth-largest shareholder. Ford and Amazon both attributed significant financial blows due to their Rivian investments. Ford reported a net loss of $3.1 stake, reported Reuters.

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Ford, Volkswagen, and GM Explore EV-Powered Houses

Cars That Think

No less an auto industry titan as Ford has also made bidirectional charging a selling point of their F-150 Lightning electric truck, reportedly slated to roll off the lines this year. Just as there is an Apple ecosystem, so with home and EV battery systems you could wind up with a Ford setup, a Tesla setup, or a VW setup.

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Morgan Stanley warns that nickel price surge could add $1k to electric vehicle costs

Teslarati

Several reasons are behind nickel’s price surge, which saw the material go up 250% in the past two days, though it is believed that a driving factor is Russia’s ongoing invasion of Ukraine. . It remains to be seen if companies such as Ford and GM would adopt similar strategies when they roll out their planned mass-market EVs. .

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Ironic Today Show segment explains tips for gas mileage while anchor sits in electric vehicle

Teslarati

However, the piece had one massive mistake: the tips were demonstrated from the cabin of a Ford Mustang Mach-E, an all-electric vehicle that requires no gasoline to travel. The only problem is NBC showed these tips on an all-electric Ford Mustang Mach-E. 4/gallon) was unlikely to have happened without Russian action.”

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Today Show Accidentally Marketed EVs — Or Did It?

CleanTechnica EVs

Given Russia’s decision to go to war with Ukraine, leading to higher gas prices, this is a popular topic in the media right now. The Today Show recently aired a video on how to save gas. However, the vehicle that NBC’s Senior Consumer Investigative Correspondent Vicky Nguyen used to demonstrate how to save on gas […].

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