ford
The company’s CEO says it is losing out to EV specialists
The carmaker will pay to use CATL’s techniques of making lithium-ion phosphate batteries, which it claims will make its EVs cheaper to produce
These jobs are set to be axed with the company’s move towards electric cars and inflation
The cars will be built in Essex and Merseyside before being shipped across five continents
That’s according to Ford’s boss who says the company is being ‘totally reinvented’
The automaker is bringing an end to the sale of the UK’s most popular car
Rio Tinto will supply car manufacturer Ford with materials including lithium, low carbon aluminium and copper for use in its EVs
It is hoping the facility can produce 300k EVs each year
It is looking to kickstart an electric autonomous car project
During the first three months of this year, the shares of Rivian have dropped by more than 50%