Ford Stock News

Investors need to be careful in the much-hyped electric vehicle space.

These two companies are the only electric truck producers in the world currently, and trucks are a huge market.

Scott D. Clary | Daily Business, Tech & Finance Newsletter Continue reading on Scott D. Clary Daily Newsletter »

Ford Motor Co (NYSE: F ) on Monday revealed plans to launch seven new electric vehicle models in Europe by 2024 and achieve sales of 600,000 EV units a year by 2026. What Happened: Dearborn, Michigan-based Ford’s plan includes rolling out three new passenger EVs and four new commercial EVs in the region. The legacy automaker reaffirmed plans to deliver a 6% EBIT margin in Europe in 2023 and a company-adjusted EBIT margin of 10%, saying it aims to sell more than 2 million EVs globally by 2026. Ford said it will … Full story available on Benzinga.com

Ford says it will have three new electric passenger vehicles and four new electric commercial vehicles in Europe by 2024, part of the automaker''s continued push to grow its presence in the EV market. Ford Motor Co. said Monday that it plans to sell more than 600,000 electric vehicles in the Europe by 2026. It anticipates producing 1.2 million electric vehicles in Cologne, Germany over six years. Ford will start production of an all-new electric passenger vehicle, a medium-sized crossover, in Cologne next year. A second electric vehicle will be added to the Cologne production line-up in 2024. An electric version of the Ford Puma will be made in Craiova, Romania beginning in 2024. For commercial vehicles, the Transit will include four new electric models the Transit Custom one-tonne van and Tourneo Custom multi-purpose vehicle in 2023, and the smaller, next generation Transit Courier van and Tourneo Courier multi-purpose vehicle in 2024. I am delighted to see the pace of change in .

Ford Motor on Monday unveiled plans for seven new electric models in Europe, a battery-assembly site in Germany and a nickel cell manufacturing joint venture in Turkey

Jefferies lowered price targets on Ford Motor Company (F) and General Motors (GM) to account for the latest supply chain, inflation and Russia-Ukraine war concerns. Read more.

Ford Motor Co (NYSE: F ) and Volkswagen AG (OTC: VWAGY ) are expanding their e-mobility partnership as Ford plans to produce another electric model for the European market based on the MEB platform. The MEB platform is … Full story available on Benzinga.com

ISTANBUL (Reuters) – Ford Motor Co’s Turkish joint venture will buy the U.S. company’s Craiova plant in Romania for 575 million euros ($630 million) and plans to move Courier van production there, the company said on Monday.

Tesla, Inc. (NASDAQ: TSLA ) by virtue of its first-mover advantage has maintained its pole position in the EV industry. The field, however, is getting crowded with the passing of each day, given government mandates, environmental concerns and the allure of the massive market opportunity. Tesla has been the benchmark for all the late entrants and the legacy automakers, which have charted out ambitious plans for transitioning into EVs. As recently as last week, Stellantis N.V. (NYSE: STLA ), formed by the merger of Fiat Chrysler and French PSA Group, said it will eventually take a shot at Tesla''s EV leadership. Here are a few companies that see themselves challenging Tesla: Stellantis Sees Healthy Rivalry Stellantis is confident of catching up with Tesla in the next couple of years, CEO Carlos Tavares said in a televised Q&A session with reporters Friday. ""I am very confident, I am trying not to be arrogant," the CEO said. "It''s going to be a very healthy competition." Travares also underlined the importance of setting up of charging infrastructure in Europe and the U.S. to catalyze increased EV adoption.

Since 1997, Plug Power Inc (NASDAQ: PLUG ) has helped businesses optimize their carbon footprints, and over the past 5 years, produced eye-popping returns for investors. Since March 2017, Plug Power stock’s 5-year return has outperformed several of the world’s most popular tech and consumer discretionary stocks: Tesla Inc (NASDAQ: TSLA ), Ford Motor Company (NYSE: F ), Microsoft Corporation (NASDAQ: MSFT ), Apple Inc (NASDAQ: AAPL ), Walt Disney Co (NYSE: DIS ), Netflix Inc (NASDAQ: NFLX ) and Amazon.com, Inc. (NASDAQ: Full story available on Benzinga.com

Pilot Will Test How Ford F-150 Lightning EV Can Interact with Grid, Support Electric Reliability Today, Pacific Gas and Electric Company (PGE) and Ford Motor Company announced a collaboration exploring how Ford’s new F-150 Lightning electric vehicle (EV)—the first commercially available light-duty truck with bidirectional charging technology—can interact with the electric grid and provide electric reliability benefits to PGE customers. One in five EVs in the country are on the road in PGE’s service area of Northern and Central California, where customers are often early adopters of new clean energy technologies. PGE and Ford will test the F-150 Lightning and its Intelligent Backup Power bidirectional charging capabilities in providing backup power for customers’ homes in PGE’s service area. Intelligent Backup Power, making its debut on the F-150 Lightning, gives customers the ability to use bidirectional power technology from their all-electric truck to

Pilot Will Test How Ford F-150 Lightning EV Can Interact with Grid, Support Electric Reliability Today, Pacific Gas and Electric Company (PG&E) and Ford Motor Company announced a collaboration exploring how Ford''s new F-150 Lightning electric vehicle (EV)—the first commercially available light-duty truck with bidirectional charging technology—can interact with the electric grid and provide electric reliability benefits to PG&E customers. One in five EVs in the country are on the road in PG&E''s service area of Northern and Central California, where customers are often early adopters of new clean energy technologies. PG&E and Ford will test the F-150 Lightning and its Intelligent Backup Power bidirectional charging capabilities in providing backup power for customers'' homes in PG&E''s service area. Intelligent Backup Power, making its debut on the F-150 Lightning, gives customers the ability to use bidirectional power technology from their all-electric truck to provide up to 10 days of power to their homes during an outage, depending on home energy usage.