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Ford compares new low-cost EV platform to Rivian and Tesla, says rivals will turn to China

Baua Electric

Ford is betting on smaller electric cars as the future. Its “Skunkworks ” team is not so small, and now that the cat is out of the bag, we are learning more about Ford’s new affordable platform. Ford CEO Jim Farley compared its new low-cost EV platform to Rivian and Tesla. And because of that, Ford has more scale.

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Ford’s low-cost EV platform could spawn electric Fiesta and Focus models

Baua Electric

Ford is officially shifting gears to focus on smaller, more affordable electric cars. CEO Jim Farley emphasized Ford’s (not-so-secret) low-cost EV platform is progressing in Long Beach as former Tesla, Rivian, Lucid, and Apple execs aim to develop some of the world’s most efficient electric cars.

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Ford shifts focus by racing Tesla to $25k compact EV: report

Teslarati

Ford is planning to delay some electric vehicle plans in favor of a lineup of small, compact $25,000 EVs that could launch shortly after Tesla launches a car at the same price point, a new report says. During its most recent earnings call, the company said it would slow down production of some of its EVs, including the F-150 Lightning.

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Ford: Two new electric trucks, more hybrids, no three-row electric SUV

Baua Electric

Ford on Wednesday said it plans to launch more hybrids and cut back on a previously announced battery-electric vehicle as it adjusts to the changing landscape for electrified vehicles. A direct consequence of this will be a reduction in investment in EVs from about 40% of Ford’s annual capital expenditures at present to 30%.

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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

Most recently in November 2022, ABTC was selected for a competitive US DOE grant for a $20-million project to develop and commercialize a set of next-generation battery recycling technologies to even further enhance the recovery of recycled products and reduce the cost of operations.

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Ford’s love affair with EVs ends as profitability and consumer trends take focus

Teslarati

Ford’s love affair with EVs is coming to an end, the automaker announced today, as it shifted plans for its next few vehicles to be hybrid-electric instead of fully electric. Ford is taking steps to pull back from its increased focus on EVs and instead go into a new direction. ” How is Ford’s Strategy Changing? .

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Ford collaborating with DowAksa on automotive-grade carbon fiber, part of IACMI

Green Car Congress

Ford and DowAksa are accelerating joint research to develop high-volume manufacturing techniques for automotive-grade carbon fiber, aiming to make vehicles lighter for greater fuel efficiency, performance and capability. Ford and Dow Chemical began working together in 2012 to develop low-cost, high-volume carbon fiber composites.