Ford Australia Design Center Will Undergo $12 Million Dollar Renovation
The investment will keep the facility going for at least another 10 years. More
Investment
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Ford Sells Its Stake In Self-Driving Sensor Maker Velodyne Lidar
Ford has also invested heavily in Argo AI, which has developed its own lidar technology. More
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Ford To Double EV Investment To $22 Billion Through 2025
Ford kicks its electrification efforts into the fast lane. More
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Ford To Invest $1 Billion In South African Manufacturing, Add 1,200 Jobs
This is Ford’s largest investment in South Africa in the 97 years it’s been operating there. More
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EV Charging Startup FreeWire Raises $50 Million, Will Help Improve Infrastructure
The startup plans to have 2,500 ultra-fast charging stations in place by the year 2025. More
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Ford-Backed Rivian Raises Another $2.65 Billion In Funding Round
The EV builder has raised $8 billion since the beginning of 2019. More
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Ford To Invest $580 Million To Build Next-Gen Ranger At Pacheco Plant
The plant, located in Argentina, produces Rangers for Latin America. More
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Ford Makes Significant Investments, Hires Hundreds To Produce Electric Vehicles
Ford has hired 350 new workers and will invest $11.5 billion in its electrification strategy. More
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Ford Reveals Stake In Velodyne Lidar After Company Goes Public
The automaker holds a 7.6 percent stake in the up and coming self-driving tech company. More
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Ford And GM Mitigate EV Development Risk By Partnering With Startups
Both large Detroit automakers are finding small startups (and each other) to be the perfect partners. More
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Ford U.K. Secures $634 Million Loan Guarantee From Government
U.K. government steps in to help Ford protect its manufacturing jobs and exports. More
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Ford Suppliers Get Financial Help As Automaker Pays Its Bills Early
Putting extra cash to good use. More
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