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Ford's $5 Billion Model T Moment Aims To Turn EV Operation Profitable
Forbes· 2025-08-11 17:10
Ford Motor Co. CEO Jim Farley announces a new electric vehicle platform and assembly system at the Louisville Assembly Plant on August 11.Ford Motor Co. Less than two weeks after announcing its electric vehicle unit lost $1.3 billion during the second quarter and expected to lose billions more this year, Ford Motor Co. now plans to invest around $5 billion to reset its EV program with more affordable vehicles produced more efficiently, at lower cost, the automaker announced Monday.The key to the strategy is ...
Ford CEO Jim Farley on planned $30K electric pickup
CNBC Television· 2025-08-11 17:00
Jim, that first vehicle is going to be a midsize pickup truck. You're targeting a price of approximately $30,000. Two questions here.Why a pickup truck instead of, let's say, a a small SUV. And do you really think that you can price this at about $30,000. We do.You know, we have the new LFP battery. Uh we have about 30% less battery usage than uh BYD because of all the work the team has done on efficiency. radical new manufacturing.We're going to build the vehicle in a different way than the Henry Ford's mo ...
Ford CEO on $2B EV investment: This is the right direction for Ford to turnaround our business
CNBC Television· 2025-08-11 15:55
Let's get more with our Phil Leau with the CEO Ford. Hey, Phil. >> Carl, thank you very much.Jim Farley joining us from the Ford Assembly plant in Louisville, Kentucky, where you just announced to the workers there. Jim, you've got a new EV platform that you're going to be putting in place, a new EV that's going to roll out of that plant in 2027, building vehicles quicker, more efficiently. Um, how confident are you that you can turn a profit with this new system given the fact that you lost $1.3% billion o ...
Ford to build EV pickup with a starting price of $30K in bid to catch China rivals
New York Post· 2025-08-11 15:44
Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target starting price of $30,000, the company said on Monday, as it aspires to the cost efficiency of Chinese rivals.The new midsize four-door pickup will be assembled at the automaker’s Louisville, Ky., plant. Ford is investing nearly $2 billion in the plant, which produces the Escape and Lincoln Corsair, retaining at least 2,200 jobs, it said in a statement.Chinese carmakers such ...
Ford announces new $2B EV investment
CNBC Television· 2025-08-11 15:39
Uh means getting some breaking news on Ford this morning. Let's get to Phil the Hey Phil. >> Carl Ford announcing its next EV platform.This is a platform the company has been working on for a number of years at its skunk works operation out in California. Now they're going public with exactly what this platform will be all about. We'll give you the details in terms of investment in jobs in a bit.But the next electric vehicle to come out of this platform, it'll be an electric pickup truck. They are targeting ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-11 14:43
Market Strategy - Ford aims to compete with inexpensive Chinese electric vehicles gaining global market share [1] - Ford plans to introduce a $30,000 electric pickup truck as a competitive response [1]
X @Bloomberg
Bloomberg· 2025-08-11 14:36
EV Strategy - Ford plans a new budget EV line with a $5 billion investment [1] - The goal is to achieve mass appeal for its EV business, which is currently losing money [1]
X @TechCrunch
TechCrunch· 2025-08-11 14:35
Ford throws out Henry Ford's assembly line to make low-cost EVs in America | TechCrunch https://t.co/g8iD0qot3H ...
Is Ford Trading EV Delays for Long-Term Gains in Affordable Models?
ZACKS· 2025-08-11 14:21
Key Takeaways Ford pushes back its new electric pickup and E-Transit van launches to 2028.Shift focuses on a new platform for compact, affordable EVs, including a 2027 small pickup.CEO cites Chinese EV makers' low-cost edge as key competition in shaping Ford's strategy.U.S. legacy automaker Ford (F) is pushing back two major electric vehicle (EV) launches as it shifts focus to smaller, cheaper EVs that can turn a profit.The next-generation full-size electric pickup, known internally as “Project T3” and set ...
密歇根州州长带着幻灯片会见特朗普,担忧关税冲击该州汽车业
第一财经· 2025-08-11 12:28
本文字数:1422,阅读时长大约3分钟 作者 | 第一财 经 程程 据媒体报道,美国密歇根州长惠特默近日与美国总统特朗普进行私下会面,表达关税政策可能严重冲击该州经济的担忧。 根据州长办公室的记录,惠特默在会议上特别就加拿大和墨西哥关税问题向特朗普施压,这对该州产业支柱汽车行业造成巨大影响。 据报道,惠特默还携带幻灯片(PPT)辅助其阐释。据媒体获得的PPT显示,自2020年以来,与加拿大和墨西哥的贸易已为密歇根州带来了 232亿美元的投资。通用、福特和斯特兰蒂斯在密歇根州运营着50家工厂,另有超过4000家工厂支撑着汽车零部件供应链。该行业总计创造 了近60万个制造业岗位,构成了密歇根州经济的支柱。 民主党籍的惠特默被视为2028年总统选举周期的潜在竞争者之一,她与特朗普关系相对友好。 2025.08. 11 仅在第二季度,福特就报告了8亿美元的关税相关成本,而通用汽车则表示进口税使其损失了11亿美元。 规模较小的供应商也感受到了压力。家族经营的汽车零部件分销商底特律车桥公司(Detroit Axle)最初宣布可能不得不关闭一个仓库并裁员 100多人,但后来表示,至少目前可以维持该仓库的运营。该公司老板穆谢 ...