Ford to set up massive EV and battery factories in the US

Ford and South Korean battery manufacturer SK Innovation are reportedly panning to build several new electric vehicles and battery factories in the Tennessee and Kentucky both companies are planning to invest $11.4 billion together. These new factories will be the first new plants built by Ford in over 50 years. The Tennessee plant will be […]

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Ford to start testing its new third generation self driving cars in Detroit

Ford is expanding on-road testing of its third-generation self-driving Fusion Hybrid to Detroit. The vehicles are already deployed in Pittsburgh, Palo Alto, Miami, Washington DC, and Dearborn, Michigan. “Every city represents a unique opportunity to make our self-driving system smarter because of the exposure to different road infrastructure design, driving behavior and even traffic light […]

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Ford is reportedly under criminal investigation for emissions testing problems

Ford Motor Company admitted in a financial filing on Friday that it’s under investigation by the US Department of Justice over its internal emissions testing practices. The investigation is still in the preliminary stages according to the automaker. Notably, Ford says the investigation has nothing to do with the use of defeat devices, or software […]

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Ford Purchases e-scooter company Spin For $100 Million

Ford is buying electric scooter company Spin for $100 million, according to Axios. The Company has recently been reported that the acquisition cost $40 million, which is roughly what Spin was valued at after its Series A funding last year. Reuters reports that Ford has committed to making a $200 million investment in the startup. The deal isn’t the first time […]

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