Ford Motor Company (NYSE: F) shares have closed at their highest level. This rise follows after the motor manufacturers announced their plans to double their production capacity to meet the demand of their latest motor vehicle. The upcoming F-150 lightning electric pickup track has gained the company 12% stock and the title of the number […]
Automobile
Ford Motor Company (NYSE: F) Receives Two Hundred Thousand Pre-Bookings For Its F-150 Lightning
Ford Motor Company (NYSE: F) announced that it has received two hundred thousand bookings for its F-150 Lightning. Delivery of vehicle to commence from Spring 2022 The F-150 Lightning is the electric version of the group’s best-selling F-Series trucks. The automobile giant announced that the first fleet of vehicles will not be delivered until Spring […]
Ford Motor Company (NYSE: F) Launches its Ford Pro Charging Project and Targets to Sell Over Three Hundred Thousand Electric Vehicles
Ford Motor Company (NYSE: F) has set an ambitious sales target for its electric vehicles. Ford Motor Company, the automobile giant, has focused on its Electric Vehicle (EV) division The automobile giant aims to sell more than three hundred thousand electric vehicles to both its corporate clients and government agencies in the next decade. Ford […]
Ford Motor Company (NYSE: F) and Purdue University Are Creating a Faster Charging Cable for Electric Cars
Ford Motor Company (NYSE: F) and Purdue University are partnering to create a charging cable to recharge electric cars in about the same time it could take to refill gas for a fossil-fueled vehicle. The cable uses a liquid cooling system that converts water into vapor, thus limiting overheating. According to the senior technical leader […]
Toyota Motor Corp (NYSE: TM) CEO Says the Company Will Focus on Hydrogen-powered Engine
Akio Toyoda, the CEO of Toyota Motor Corp (NYSE: TM), was recently in Japan racing a hydrogen vehicle at the Okayama International Circuit. A transformed GR Yaris engine that used hydrogen-powered the car. Toyota claims that the vehicle could save several auto jobs. If the motor is made commercially viable, internal combustion engines could remain […]
Tesla (NASDAQ: TSLA) Was Not Part Of President Joe Biden’s Electric Vehicle Summit
It’s a big surprise to know that Tesla (NASDAQ: TSLA) was not part of President Biden’s electric vehicle summit. Instead, the event was at the White House on Thursday. TSLA is the largest manufacture of Electric Vehicles in the entire world. If not TSLA, then who attended the summit? General Motors Company (NYSE: GM) and […]
Ford Motor Company (NYSE: F) Suffers from Chip Shortage to Slash Vehicle Production at Several Plants in July
Since the beginning of July, Ford Motor Company (NYSE: F) considerably reduced its North American vehicle production due to a shortage of semiconductor chips globally impacting the automobile industry. Ford’s Official statement On June 30, the automaker stated that it would cut the production of cars at eight plants and the six in the United […]
Ford Motor Company (NYSE: F) Receives An Overwhelming Response For Its All-Electric F-150 Truck With 70,000 Reservations
Ford Motor Company (NYSE: F) is triumphant because it received an overwhelming response for its newly designed all-electric F-150 lightning truck with 70,000 reservations. The customers need a refundable deposit of $100 to reserve Ford F-150 electric truck. Launch of all-electric F-150 in the following spring It shows the confidence in the gas-powered F-150, the […]
Tough Times for Tesla Inc (NASDAQ: TSLA) After China Suspects Intelligent Cars’ Spying
Tesla Inc (NASDAQ: TSLA) gets cornered yet again in China over spying suspicion. China wants to review its car data regulations to maintain collected data in the country purposefully. Rumors indicate that Tesla is becoming malicious in using the cameras in its vehicles to collect data for spying. China’s moves China considered the draft regulation […]
Tesla Inc (NASDAQ:TSLA) Ordered To Have Its CEO Pull Down A 2018 Anti-union Tweet
The National Labor Relations Board has criticized Tesla Inc (NASDAQ:TSLA) over labor laws violation. Tesla fired a union activist known as Richard Ortiz, which has caused issues between the company and the National Labor Relations Board. The directives The company’s CEO Elon Musk is also in the spotlight because of his 2018 tweet. The tweet […]
U.S. ITC Casts Blame On Ford Motor (NYSE:F) For Embracing The SK Innovation Battery Deals
The U.S. International Trade Commission (ITC) believes Ford Motor (NYSE:F) was deliberate in pursuing battery deals with SK Innovation. The body said that there was sufficient evidence showing that SK Innovation double-crossed LG Chem when it misappropriated its trade secrets. SK is guilty Reports also indicate that the South Korean electric vehicle (EV) battery maker has […]
Tesla (NASDAQ:TSLA) Opens The Largest Supercharger Station Globally In Shanghai, China With 72 Stalls
Tesla (NASDAQ:TSLA) has opened the largest Supercharger station in the world with around 72 charging stalls barely a month after its beats its record stalls with the Fresno, California station. New Supercharger in Shanghai The company opened the Supercharger station in Jing’an International Centre which is one of the fast-growing districts in Shanghai. The station […]
Iwatani Corporation And Toyota Motor North America (NYSE:TM) Collaborate To Expand Hydrogen-Fuelling Infrastructure In California
Iwatani Corporation’s wholly-owned subsidiary Iwatani Corporation of America and Toyota Motor North America (NYSE:TM) announced that Toyota would support Iwatani’s expansion plans. Iwatani wants to expand the number of retail hydrogen fuelling stations in South California by almost 25%. Expanding hydrogen-fuelling infrastructure in California The expansion will represent a 6,300 KG per day increase in […]
Tesla (NASDAQ:TSLA) Announce Expansion Of Warranty For Repairing Defective Main Computer System In Older Cars
Tesla (NASDAQ:TSLA) has announced a refund to older Model S and Model X cars owners for repairs that owners had to pay out pockets for fixing problems in the main computer. The electric car maker is expanding the warranty coverage to avoid a class action suit or costly recall. Expanded warranty to avoid a class-action […]
Jim Farley, New CEO Of Ford Motor Company (NYSE:F), Vows To Introduce Affordable Cars For Everyone To Own One For Hassle-Free Commuting
The new CEO of Ford Motor Company (NYSE:F), Jim Farley, is committed to rolling out economical cars for everyone. He said the main urgency is to reduce costs, improve quality, and restructure underperforming businesses to turnaround the automotive operations. A break to the rising prices of cars Farley will introduce several operational changes and introduce […]
