Ford CEO: No plan to spin off EV business, but change coming

DETROIT — The CEO of Ford Motor Co. says the automaker has no plans to spin off its electric vehicle or internal combustion businesses, but is reinventing itself by removing costs and ramping up for large-scale EV and software sales. Ford CEO Jim Farley told the Wolfe Research virtual global auto technology conference Wednesday that […] February 25, 2022 at 07:01AM

Comments

Post a Comment

Popular posts from this blog

Junkyard Gem: 1984 Jaguar XJ6

The original Jaguar XJ first appeared in American showrooms for the 1969 model year, after an excruciatingly long development process that included a final-innings merger of Jaguar’s parent company with a manufacturer of heavy-duty vehicles. And then Jaguar used that same basic platform for various iterations of the XJ until the last V12-engined cars hit […] July 25, 2022 at 01:50AM
Keep reading

Membrane mining: Sustainable extraction of high-tech metals

As depletable resources, metallic raw materials are needed for many future technologies, including electromobility. The high-tech metals indium and germanium, cobalt, lithium, and rare earths are on the 2020 list of critical raw materials for the EU. This list of economically critical raw materials with a high supply risk is intended to help in the […] July 12, 2022 at 05:30AM
Keep reading