Ford said that it would invest up to $316 million to build electric car components at its Halewood factory in northern England.
Tag: Ford
Post
Post
Ford to invest $ 11.5 billion in electrification
Teaming with its battery partner, SK Innovation of South Korea, Ford said that it will spend $5.6 billion in Stanton, Tennessee, where it will build a factory to produce electric F-Series pickups.
Post
Indian auto dealers seek govt help after Ford exit
India's top auto dealers’ group has asked the Indian government to draft rules to safeguard their interests when global automakers decide to leave the market as Ford has said it will do.
Post
Eastman, USAMP and Padnos collaborate for circular auto solutions
Padnos will use ASR as a viable feedstock for EMN’s molecular recycling process, making way for circular solutions. The study will assess the ability of EMN’s CRT to break down the plastic-rich fraction of ASR.
Post
Ford may shut down India operations in TN and Gujarat: Reports
As per reports, Ford is in talks with various car firms for either contract manufacturing or sale of its factories or both. Speculations are rife about Ola utilising Ford’s factories to manufacture electric cars.
Post
Samsung SDI to build a battery cell plant in US to support electrification
The company is in talks with automakers to supply batteries manufactured at its potential U.S. factory. It might invest $2.62 billion to manufacture batteries for Stellantis and $870 million for Rivian.
Post
Ford to form JV with SK Innovations to make EV battery cells
Ford and SK Innovation have recently announced that they have signed an MoU for creating a joint venture for an annual production of 60 GWh in array modules and traction battery cells.
Post
Minda Corporation, Auto Components, Ashok Minda
During a recent visit to the Ford EV plant in Michigan, US President Joe Biden announced an investment of $174 billion to boost the production and sales of EVs in the country.
Post
Stellantis to lay off 1600 workers due to global semiconductor shortage
The US arm of Stellantis will cut one of the two work shifts at its Belvidere assembly plant from July 26, 2021. The factory’s situation is worsened by the severe global microchip shortage.
Post
Ford to set up plant to produce electric vehicle batteries in US
The company plans to open the centre near Detroit by the end of 2022. The $185 million lab will be a 200,000-square-foot facility to design and manufacture battery cells along with electronic controls.