Ford - Asia Tech Wire

Ford

2024.10.15

09:39

LG Energy Solution signs battery supply deals with Ford

Asia Tech Wire (Oct 15) -- LG Energy Solution (LGES) announced on Tuesday that it has signed two supply agreements with Ford Motor to power the U.S. automaker's electric commercial vans in Europe.

08:25

U.S. NHTSA opens investigation into rear camera failure in nearly 36,000 Ford cars

Asia Tech Wire (Oct 15) -- The U.S. National Highway Traffic Safety Administration (NHTSA) said Monday that it has begun a preliminary evaluation of about 35,950 Ford Flex vehicles in the U.S. for a potential rear camera failure.

2024.08.22

07:06

Ford to cut capital spending on EVs

Asia Tech Wire (Aug 22) -- Ford will cancel plans to produce a large electric SUV due to lower-than-expected demand, a move that is due to generate $1.9 billion in related special charges and write-downs.

2022.01.20

08:01

SK Innovation and Ford plan to build EV battery plant in Europe

Asian Tech Press (Jan 20) -- SK Innovation and Ford plan to build an electric vehicle battery factory in Europe. The factory will produce 44GWh of batteries per year after completion, enough to produce 600,000 electric cars with a range of more than 500km.

2021.12.31

04:36

Several automakers interested in acquiring Ford's Indian plant

Asian Tech Press (Dec 31) -- India's Tamil Nadu industry minister said several foreign automakers had expressed interest in acquiring Ford's plants in Tamil Nadu, following unsuccessful negotiations between Ford and the Tata Group.

2021.12.09

09:39

Ford to invest $900 mln to renovate Thai plant, increase 2x robot workers

Asian Tech Press (Dec 09) -- According to Nikkei, Ford Motor announced that it will invest $900 million to renovate its Thailand plant. It will increase the number of robots in the plant to about twice the original size to improve production efficiency. Annual production capacity is expected to increase by about 15 percent to about 270,000 units. Ford will position Thailand as a production base for commercial vehicles and SUVs, expanding supply to domestic and international.

2021.12.08

08:15

Ford aims to be world's second-largest EV maker by 2023

Asian Tech Press (Dec 8) -- American automaker Ford Motor Co (F: NYSE) said it aims to become the world's second-largest electric vehicle maker by increasing its annual production capacity to 600,000 units within two years.

2021.12.07

09:38

Ford China announces CATL as its EV battery supplier

Asian Tech Press (Dec 07) -- At an investor conference, Lisa Drake, chief operating officer of Ford Motor Company, said that Ford will maintain cooperation with five battery suppliers, including CATL, BYD, SK, LG Energy Solution, and Panasonic.

2021.11.22

07:42

Ford, Rivian drop plans to co-develop an electric car

Asian Tech Press (Nov 22) -- American automakers Ford Motor Co (F: NYSE) and Rivian Automotive Inc (RIVN:NASDAQ) have abandoned plans to collaborate on the development of an electric vehicle, CNBC reported Friday.

2021.11.19

13:33

Ford plans to produce 600,000 EVs in 2023

Asian Tech Press (Nov 19) -- American automaker Ford Motor Co (F: NYSE), which is investing heavily in electric vehicles, reportedly plans to increase EV production to 600,000 units by 2023, double their initially planned output.

2021.09.28

03:16

Ford, SK Innovation to invest in electric pickup truck and battery factories in the US

Asian Tech Press (SEP 28) -- Ford and South Korea's SK Innovation announced on their official websites that the two companies will invest US$11.4 billion to build a new plant to produce F-Series electric pickup trucks and three new battery plants in the United States.

2021.09.10

10:39

Ford announces to stop producing cars in India, 4000 job cuts

Asian Tech Press (Sep 10) -- American automaker Ford Motor Co (F: NYSE) announced Thursday that it will stop producing cars in India and close two plants there, becoming the latest automaker to exit the Indian market.

2021.08.12

05:15

Ford's battery joint venture with SK Innovations to enter Europe

A senior Ford executive said that Ford's electric vehicle battery joint venture with SK Innovations will enter Europe.

2021.07.15

10:43

Ford may discontinue India operations

Asian Tech Press -- American automaker Ford Motor Co (F: NYSE), may soon discontinue its operations in India, shuting down its two plants in the country, according to The Economic Times.

2021.05.31

12:30

BMW, Daimler, Ford to set up data centers in China after Tesla

Multinational automakers, including BMW, Daimler, and Ford, will establish data centers in China for local storage of data generated by their cars. Prior to that, Tesla just announced that it has appointed a data center in China to localize data storage.

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