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Ford wants more dealers involved in EV sales

Teslarati

Ford wants more dealers involved in its electric vehicle (EV) sales, so it’s lowering the barrier of entry. “What we’re finding is more dealers want to be involved in it, and we don’t want to be exclusive to just a handful. Drake is Ford’s Vice President of EV programs and energy supply chain.

Dealers 96
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Ford reveals CEO Jim Farley’s latest pay raise

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A recent filing has revealed Ford CEO Jim Farley’s latest pay increase, with his total compensation increasing by as much as 26 percent in 2023. Securities and Exchange Commission (SEC) last week, Ford revealed that CEO Jim Farley’s total compensation in 2023 was nearly $26.5 In proxy statement filed with the U.S.

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Tesla adds Mercedes to brands that will soon get Supercharger access

Teslarati

Tesla has added an additional company to the list of electric vehicle (EV) brands that will soon gain access to its Superchargers, after every major automaker in the industry last year gradually adopted the company’s North American Charging Standard (NACS).

Mercedes 140
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General Motors & partners open first 17 locations of their national EV fast-charging network

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General Motors, EVgo Inc., and Pilot Travel Centers LLC announced the opening of the first 17 locations of their national electric vehicle (EV) fast charging network in the United States. Customers may find available charging locations through GM’s vehicle brand apps, Pilot’s myRewards Plus app, and the EVgo app.

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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. But the company has also announced that it would be “re-timing and resizing some investments.” billion investment shrinking to roughly $2.2

Michigan 106
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Ford advises dealerships to not apply markups to F-150 Lightning customers

Teslarati

Ford has sent out an internal memo to all dealerships in the United States and Canada, advising sales staff to not apply dealership markups to customers ordering the new, all-electric F-150 Lightning. In December, we reported that Ford was preparing to open the order bank for the F-150 Lightning in January. on the F150Gen14 forums.

F-150 145
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Ford exec rings alarm bell on EV charging and battery raw materials challenges

Teslarati

Ford Motor Co. According to Field, some of these constraints are inadequate charging networks and the limited availability of battery raw materials. Field currently serves as the chief advanced product development and technology officer for Ford’s Model e division.

Ford 85