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Ford (F) to Work on 2nd Electric Truck After F-150 Lightning

4 years 1 month ago
After the roaring success of its all-electric F-150 Lightning pickup truck, Ford Motor Co. F is once again working on an electric truck, per a report. The second model is expected to hit the market in 2025. Although not much detail came to light, the new EV truck is confi

Ford's Layoffs Prove the Shift to EVs Won't Be Easy

4 years 1 month ago
Ford Motor Company (NYSE: F) recently confirmed that it's laying off 3,000 workers as the legacy automaker transitions from building traditional combustion engine vehicles to electric ones. The job cuts will affect white-collar workers and some of the company's contractors, with

How the New EV Tax Credit Law Could Impact Automakers

4 years 1 month ago
Automakers have long pushed for an extension of existing electric vehicle (EV) tax credits that expire once an automaker sells 200,000 units. However, the $430 billion Inflation Reduction Act of 2022 signed by President Biden restructures the $7,500 EV tax credit and adds a new $
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