The CEO of auto toe supplier Borgowerner told CNBC on Friday that the company expects about 50% of its revenue to be combined with electric vehicles in the next decade. Currently, the Michigan-based company’s sales are less than EV. Related to. “Our expectation is that 30% of vehicle batteries will …
Read More »
Newly appointed CEO Jim Farley told CNBC’s Jim Kramer on Thursday that Ford Motor is creating a unique lane as the automaker follows the electric vehicle market. Earlier that day, the company announced a new all-electric van aimed at commercial customers, as part of its .5 11.5 billion investment in …
Read More »
Ford unveiled its new all-electric transit van on November 12, 2020. Ford Ford Motor expects that its new all-electric transit van will help it move into commercial vans as new and long-time rivals enter the emerging market. Unveiled by Ford on Thursday morning, the vehicle is designed for commercial and …
Read More »
Jim Furley, the company’s new CEO, has promised to give Wall Street more transparency, after which Ford Motor will be available on a monthly basis as well as in the U.S. The vehicle will represent sales. The decision comes more than a year after Detroit maker Tomaker, following its crosstown …
Read More »
The Henry Ford II World Center, Ford Motor Company’s headquarters in Dearborn, Michigan. James Leynse | Corbis | Getty Images DETROIT – Ford Motor remains under federal investigation as part of a multi-year corruption probe into the Union Auto Workers Union, according to the lead prosecutor over the investigation. U.S. …
Read More »