Business, Technology, Fuel

EV Auto Sales Growth Slows

Electric vehicle sales growth, while still brisk, has begun to slow in the U.S. as inventory of battery-powered models piles up on dealer lots.

Keith Naughton | Bloomberg News
July 6, 2023
Business, Technology, Equipment, Fuel

Why Ford Chose Tesla for EV Partnership: It’s the Plug

Hours before Tesla Inc. and Ford Motor Co. announced their surprise charging partnership, Ford’s chief executive officer offered his take as to why the U.S. has been so slow to adopt electric vehicles.

Keith Naughton | Bloomberg News
May 30, 2023
Business, Technology, Equipment

Ford CEO Sticks to ‘Crazy High’ EV Goal

Ford Motor Co. CEO Jim Farley is sticking with a goal for the company’s money-losing electric vehicle unit to be churning out 2 million models annually in a few years.

Keith Naughton | Bloomberg News
May 19, 2023
Business, Technology

Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook

Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.

Keith Naughton | Bloomberg News
May 3, 2023
Business, Technology, Equipment, Fuel

Ford: Tennessee EV Plant Could Make 500,000 Trucks a Year

Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.

Keith Naughton | Bloomberg News
March 24, 2023
Business, Technology, Equipment, Fuel

Ford Sees EV Losses Growing to $3 Billion in 2023

Keith Naughton | Bloomberg News
March 22, 2023
Business, Technology, Equipment

Ford Extends Shutdown of Electric F-150 Plant

Ford Motor Co. is extending the shutdown of its F-150 Lightning pickup plant for a fourth week as it works to resolve a problem that caused a battery fire in one of the electric trucks.

Keith Naughton | Bloomberg News
February 24, 2023
Business, Technology, Equipment, Fuel

Toyota’s CEO Says EV Adoption Will Take Longer Than Expected

Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.

Keith Naughton | Bloomberg News
September 29, 2022
Business, Technology, Equipment, Fuel

Ford Unveils Big, Gas-Fueled Pickup That’s Funding Its EV Future

Ford Motor Co.’s redesigned F-Series Super Duty pickup may lack the sex appeal of the Mustang introduced earlier this month, but this hulking warhorse is critical to funding the automaker’s electric future.

Keith Naughton | Bloomberg News
September 28, 2022
Business, Equipment

Ford to Invest $700 Million in Kentucky Plant to Build Big Pickups

Ford Motor Co. is investing $700 million at its sprawling truck factory in Louisville, Ky., and adding 500 workers to help build a redesigned version of its largest F-Series pickups.

Keith Naughton | Bloomberg News
September 27, 2022