Ford (F) cuts contract workers ahead of planned layoffs
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Blink (BLNK) will expand NACS adoption to include entire product line
June 28, 2023 10:04 AM EDTEV charging equipment company, Blink Charging (NASDAQ: BLNK) announced Wednesday that they have expanded their commitment to embrace the Tesla (NASDAQ: TSLA) Standard by incorporating both the North America Charging Standard (NACS) and Combined Charging System (CCS) into Blinks entire state-of-the-art line of charging products.
Earlier this month, the company made an announcement regarding the integration of NACS connections into their latest 240kW DC Fast Charger. However, Blink has gone a step further to ensure the satisfaction of all drivers, regardless of their vehicle model, by... More
Stellantis (STLA) launches new EV charging service, aims to relieve 'charging anxiety'
June 27, 2023 10:30 AM EDTFranco-American automaker and Jeep parent company, Stellantis (NYSE: STLA) launched 'Charging & Energy' business unit Free2move Charge on Tuesday, with the aim to make it easier to keep electric vehicles on the road and cash in on an expanding range of services around greener... More
Ford (F) to cut at least 1,000 salaried and contract workers
June 27, 2023 10:17 AM EDTThe Wall Street Journal reports Tuesday, citing unnamed sources, that Ford (NYSE: F) plans to lay off at least 1,000 salaried and employees and contract workers in North America in an effort to offset the heavy cost of investing in electric cars.
According to sources,... More
Stocks expected to have increasing option volume
June 23, 2023 5:05 AM EDTStocks expected to have increasing option volume: F MSFT ATVI MMM ADBE SPCE KMX SPR LLY
... MoreFord (F) prepares for new round of layoffs amid cost-cutting measures
June 22, 2023 5:53 PM EDTThe Wall Street Journal reports Thursday, citing people familiar with the situation, that Ford Motor Company (NYSE: F) is preparing to begin another round of layoffs in the coming weeks.
These layoffs, part of a larger effort to streamline operations and cut costs, are the latest of several that Ford has initiated in less than a year and could be... More
Ford preparing for new round of layoffs for US salaried workers - WSJ
June 22, 2023 5:33 PM EDT(Reuters) - Ford Motor is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The company in March last year announced plans to reduce structural costs of up to $3... More
Ford Job Cuts Expected In Coming Weeks - WSJ
June 22, 2023 5:28 PM EDTFord (NYSE: F) Job Cuts Expected In Coming Weeks - WSJ
Ford Cuts Expected On Gas Engine Side Of Business... MoreRivian (RIVN) owners poll shows overwhelming support for NACS adoption
June 22, 2023 1:09 PM EDTAmerican electric vehicle maker Rivian (NASDAQ: RIVN) announced earlier this week that the company will be joining fellow automakers Ford (NYSE: F) and General Motors (NYSE: GM) in adopting Teslas (NASDAQ: TSLA) North American Charging Standard (NACS).
A look at the companys owners forum reveals a strong consensus among owners and enthusiasts of the electric vehicle manufacturer's trucks in... More
Ford (F), SK joint venture to receive $9.2B federal loan for EV battery plants
June 22, 2023 9:56 AM EDTThe U.S. department of energy revealed Thursday their intention to loan up to $9.2 billion in federal funds to a joint venture of Ford Motor (F) and SK On to help finance construction of three new battery manufacturing plants in Tennessee and Kentucky.
The government's Advanced Technology Vehicles Manufacturing (ATVM) loan... More
Ford-SK venture to get $9.2 billion US loan for battery plants
June 22, 2023 8:24 AM EDTBy David Shepardson
WASHINGTON (Reuters) - The U.S. Energy Department plans to lend up to $9.2 billion to a joint venture of Ford Motor and South Korea's SK On to help it build three battery plants in Tennessee and Kentucky, the biggest-ever award from the government program.
The conditional commitment for the low-cost government loan for the BlueOval SK joint venture comes from the government's Advanced Technology Vehicles Manufacturing (ATVM) loan program.
SK is a unit of South Korea's SK Innovation. The joint venture is building two battery manufacturing plants in Kentucky and one in Tennessee capable... More
Ford Motor (F) EV Battery Venture Awarded $9.2B Loan From US Energy Dept - Bloomberg
June 22, 2023 8:02 AM EDTFord Motor (F) EV Battery Venture Awarded $9.2B Loan From US Energy Dept - Bloomberg
... More