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 Motor Company has launched the Ford Pro Charging project to support its business goal. Under the initiative, customers will be provided with software and hardware aid to help them charge their electric vehicles. Additionally, the money that the company collects in the form of a subscription for software will also double up as income for Ford Motor Company. The road ahead for commercial EVs is smooth. To achieve carbon neutrality, the Biden administration could sanction funds worth several billion to purchase hundred thousand electric vehicles.
Huntington Ingalls Industries Inc (NYSE: HII) hands over the last set of advanced weapons elevators
Huntington Ingalls Industries Inc (NYSE: HII) hands over the last set of advanced weapons elevators to the USS Gerald R. Ford (CVN 78). The latest is the 11th, and the final set will be handed over. With this, the American super-carrier is now armed with the ability to showcase its war-fighting strength and abilities. This news comes before the holiday season and is welcomed, particularly by the Navy. Chief of Naval Operations, Admiral Mike Gilday, set the year-end deadline to receive the consignment that was delivered on time. In a statement, Rear Admiral James P. Downey, Program Executive Officer for Aircraft Carriers, informed that this is an essential milestone for the Navy and crew.
The first black to head a significant U.S.-based philanthropic organization no more
Franklin A. Thomas is the first black to head a major philanthropic organization based out of the U.S. He recently breathed his last. Thomas died in his home in Manhattan at 87. In 1979, when he was a corporate and non-profit leader, he was handpicked by Ford Foundation’s board of trustees to take over as President of the organization. He succeeded McGeorge Bundy.
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