The industry was once euphoric about EVs, but consumer demand never took off as much as expected and, as it has fizzled, automakers have shifted their plans. Over the past five years, companies have wasted billions of dollars in capital,
The electric F-150 was an impressive pickup but failed one important test: the expectations game.
Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away.
I opened the discussion by admitting that I have reversed my long-standing negative view on Ford and General Motors.
Ford is recalling 272,645 vehicles in the U.S. due to a loss of park function, causing the vehicle to roll away and increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Friday.
Tesla, Inc. is the only integrated hardware + software automation Tech company, with significant competitive advantages in the upcoming autonomy tidal wave. It remains a Buy with massive long-term upside. Ford's recent EV pivot highlights legacy automakers' focus on emissions reduction, completely missing the shift toward autonomous mobility solutions. The robotaxi sector is maturing rapidly, evidenced by Waymo's growth, China regulatory approvals, and surging driverless mileage. EVs hold decisive advantages for robotaxis, and Tesla is the best player here.
F is launching a battery energy storage business, converting a Kentucky plant and investing $2 billion to tap into data centers and grid markets.
BTE cuts debt with a $2.3B Eagle Ford sale, boosting shareholder returns and reshaping its risk-reward profile.
Shares of LG Energy Solution dropped as much as 7.6% in morning trade on Thursday after the company announced a day earlier that Ford Motor had cancelled an electric vehicle (EV) battery supply deal.
Ford Motor Company stunned the U.S. automotive sector this week with its announcement that it would sustain $19.5 billion in special charges in what the Wall Street Journal described as “Detroit's Biggest EV Bust.” Ford CEO Jim Farley did his best to put a positive face on the financial carnage, rolling out a hybrid-centric strategic pivot that he claims is “gonna be better for the company's profitability, shareholders and a lot of new American jobs.
When Ford (NYSE:F) announced a $19.5 billion write-off on its electric vehicle business, shareholders didn't panic.
Shares of Ford Motor Company ( NYSE: F ) gained 6.13% over the past month after gaining 9.65% the month prior.