Ford EV customers will gain access to 12,000 Tesla Superchargers

Ford Motor Company has signed deals with three companies for lithium hydroxide supply. These are Albemarle, Nemaska Lithium, and SQM. Albemarle will supply more than 100,000 metric tons of battery-grade lithium hydroxide for approximately 3 million future Ford EV batteries. The five-year supply agreement starts in 2026 and continues through 2030. In addition to the lithium hydroxide supply, Albemarle and Ford will...

23 May 2023

At the Tesla 2023 Shareholders Meeting Elon Musk made several key announcements. Here's a brief recap of what he said. Next Gen Drive Unit. The announcement of the next-gen drive unit was the first more noteworthy one among a few. As already stated before, during the development stage, this next-gen drive unit uses zero rare earth materials. It requires 75% less Silicon Carbide and reduces gigafactory footprint by...

17 May 2023

Panasonic has released its financial results for the year 2023 so far and expectations for 2024. In the expansive document, there's a section depicting the areas where the company expects growth and one of them is automotive batteries. In order to take advantage of this expected growth, Panasonic mentions three key areas: Enhancing supply capabilities in the USA - the mass production of 2170 cells from the Kansas...

11 May 2023

CNBC reports that Elon Musk has broke ground on a Tesla lithium refinery that is planned to be built in Corpus Christi, Texas. Gov. Greg Abbott also attended the ceremony. Tesla will invest USD 3.75 million in this project as one of the company's steps to secure a domestic supply of lithium hydroxide for its batteries. The report cites Elon Musk who said that this refinery should provide enough lithium for Tesla to...

9 May 2023

Ford is re-opening its order banks for the all-electric Mustang Mach-E on Wednesday as completed plant upgrades support production ramp in the second half of 2023, with feature improvements on the way – including an increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. The production increase for Mustang Mach-E in the second half of this year...

3 May 2023

Ford announced that F-150 Lightning is going global for the first time with entry into Norway, the world's most advanced electric vehicle market. Following impassioned consumer demand, Norwegian customers can apply to purchase a limited number of special F-150 Lightning Lariat Launch Edition vehicles. In the USA market there are two LARIAT trims - F-150 Lightning Lariat Standard Range (510A) and F-150 Lightning...

20 April 2023

Ford Motor Company is investing C$1.8 billion in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada – a key part of the company’s plan to scale production of electric vehicles and make them more accessible to millions of customers. The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024...

12 April 2023

Ford’s EV sales grew 41% in the first quarter on sales of 10,866 electric vehicles. F-150 Lightning sales totaled 4,291 pickups with production capacity actions on track to hit an annual production run rate of 150,000 this year. Sales by Ford Pro of the E-Transit, America’s best-selling electric van last year, climbed 62.7%. Reflecting downtime at the plant for changes to increase production, Mustang Mach-E sales...

5 April 2023

Following the release of additional guidance from the U.S. Treasury Department, Ford Motor Company has confirmed that all three of its currently available popular electric vehicles, as well as its plug-in hybrids, are eligible for Inflation Reduction Act federal tax credits in 2023. The available BEVs by Ford are: Ford F-150 Lightning - USD 7,500 credit Ford Mustnag Mach-E - USD 3,750 credit Ford E-Transit - USD...

5 April 2023

In the first quarter of this year, Tesla produced over 440,000 vehicles and delivered over 422,000 vehicles. The company continues to transition towards a more even regional mix of vehicle builds, including Model S/X vehicles in transit to EMEA and APAC. Tesla will post its financial results for the first quarter of 2023 after the market close on Wednesday, April 19, 2023.

4 April 2023

Ford is on track with construction at the BlueOval City mega-campus and poised to usher in a new era of American innovation and manufacturing. The electric vehicle and battery manufacturing campus in West Tennessee begins production in 2025 and will be home to Ford’s second-generation electric truck, code-named Project T3. The site will be capable of producing 500,000 EV trucks a year at full production capacity...

27 March 2023

Ford today revealed the new all-electric Ford Explorer. It is the first in a wave of innovative new electric vehicles from Ford and forges the way for a complete reinvention of the Ford brand in Europe. It is also the company’s first electric vehicle to be built at scale in the new Ford Cologne EV Centre in Germany. Engineered and built in Germany, the all-electric Explorer offers an outstanding digital experience...

21 March 2023

Tesla's 2023 Investor Day offered several interesting pieces of information. For starters, during the time for vehicle design, Tesla presented in detail how it optimized the manufacturing process starting from design to the assembly resulting in decreasing the "nothing-to-do" time and more than 40% reduction in manufacturing footprint. Thus the company will build factories faster, with less CapEx and more output per...

3 March 2023

LG Energy Solution, Ford, and Koç Holding signed a non-binding Memorandum of Understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe's largest commercial electric vehicle battery cell facilities near Ankara, Turkey, strengthening the foundation for Ford's electric future in Europe. The new joint venture will be located in an organized industrial zone in...

22 February 2023