Interest in using hydrogen fuel cells to power trucks and vans is getting a boost from fleet operators looking for a more practical alternative to electric vehicles and rising government aid, particularly the U.S. Inflation Reduction Act (IRA).
Ford Motor Co on Wednesday said the suspension of production of its F-150 Lightning electric vehicle (EV) will last until at least the end of next week after a battery fire involving one of the vehicles earlier in the month.
Ford Motor Co can save up to $2.5 billion this year through better management of production schedules and due to a drop in commodity prices, Chief Financial Officer John Lawler said on Wednesday.
In early January, Rivian (NASDAQ: RIVN) had become such a compelling stock that I started a position. But since then, Tesla (NASDAQ: TSLA) has started a price war in EVs, Rivian has begun layoffs, and the competition has taken big steps forward. In the video below, I discuss whet
Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg News reported on Wednesday.
Senator Marco Rubio on Tuesday asked the Biden administration to review Ford Motor's deal to use technology from Chinese battery company CATL as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan.
Ford F announced a massive investment of $3.5 billion in a lithium iron phosphate battery (LFP) plant, which will add nearly 35 gigawatt hours/year of new battery capacity for the auto giant in the United States. With this capacity, Ford can power as many as 400,000 futur
(RTTNews) - Ford in Europe announced plans to cut around 3,800 jobs over the next three years amid rapidly changing market conditions, and in response to growing competition in electric vehicles.
Ford plans to cut 3,800 product development and administration jobs in Europe in the next three years, the company said on Tuesday, citing rising costs and the need for a leaner structure as it pivots production to electric vehicles.
(RTTNews) - Ford Motor Co. will invest $3.5 billion to build a lithium iron phosphate (LFP) battery plant in Marshall, Michigan. The plant - called BlueOval Battery Park Michigan - initially will employ 2,500 people when production of LFP batteries begins in 2026, the company sai
Ford Motor Co will build a new lithium iron phosphate (LFP) battery plant in Michigan as part of a $3.5 billion investment plan, the automaker and state said Monday.
Ford Motor Co will build a new lithium iron phosphate battery plant in Michigan as part of a $3.5 billion investment plan, the automaker and state said Monday.
Two U.S. senators on Monday urged the Federal Communications Commission to move quickly to grant some automakers, universities and others the ability to use some spectrum to deploy connected vehicle technology aimed at preventing crashes.
Mullen Automotive (NASDAQ: MULN) and its investors still have risks and hurdles to overcome, but, those risks aside, bullish sentiment is building in the stock. The #1 most telling news is a 13F-HR filed by Vanguard Group Inc stating a more-than-doubling of their position in the
Toyota TM posted third-quarter fiscal 2023 earnings of $3.78 per share, which surpassed the consensus mark of $3.66. The bottom line, however, declined from the year-ago earnings of $5.03 a share. Consolidated revenues came in at $69,161 million, beating the consensus mar
Honda HMC reported earnings of $1.02 per share for third-quarter fiscal 2023, beating the Zacks Consensus Estimate of 95 cents. The bottom line also grew from the year-ago profit of 99 cents per share. Quarterly revenues totaled $31,467 million, lagging the Zacks Consensu
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
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