Ford announced this week a plan to double its electric vehicle production. The company originally planned to build 300,000 units by 2023, but has ramped that number up to 600,000. Additionally, the company has secured a semiconductor contract with GlobalFoundries to support the manufacturing plan. Chief Executive Jim Farley tweeted his excitement for the plan, which is… Continue reading Ford Decides to Double Production Plan for EVs
Tag: Ford F-150
Ford Makes $11.4B Investment in Electric Future
Ford announced Monday a massive $11.4 billion investment in its plans to build electric vehicles. The company, alongside battery partner SK Innovation, plans to build three new production facilities in Tennessee and Kentucky that will build both electric vehicles and batteries. Ford said the initiative will create 11,000 jobs. Ford said the investment was spurred by strong demand… Continue reading Ford Makes $11.4B Investment in Electric Future
Report: Ford Doubles Production Target for F-150 Lightning
Ford has doubled its production target for the all-electric F-150 Lightning pickup, according to a report from Reuters. The first electric version of the nation’s top-selling truck is expected to start deliveries next year. According to the report, demand for the Lighting has been so strong that Ford has decided to pump $850 million in production efforts.… Continue reading Report: Ford Doubles Production Target for F-150 Lightning
Ford Says F-150 Lightning is a “Push for Progress”
The Ford F-150 Lightning, an electrified version of the top-selling pickup, will be available in four series and two battery options at more than 2,300 EV-certified Ford dealers in Spring 2022. Ford unveiled the vehicle this week. Ford will have two separate liquid-cooled batteries, the 230-mile standard and the 300-mile extended range. Ford says the F-150… Continue reading Ford Says F-150 Lightning is a “Push for Progress”