Tag: ford
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How President Biden’s ‘Build Back Better’ plan could bring legacy carmakers into the 21st Century
The introduction of President Joe Biden’s “Build Back Better” plan ignited some electric vehicle enthusiasts with a new sense of relief that their country was considering revamping the EV incentive program in the United States. However, some automakers, specifically Tesla, which is not unionized, will not feel the advantages of favoritism that could result in…
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Rivian is now the 2nd most valuable US carmaker after its IPO surge – and its founder R.J. Scaringe is worth $2.2 billion
Rivian had one of the biggest IPOs in history on Wednesday. Rivian Rivian is now the second-most valuable US carmaker after Tesla, and is ahead of Ford and General Motors. Its stock has surged since its IPO on Wednesday, making its founder R.J. Scaringe worth at least $2.2 billion. The EV startup has only ever…
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Why new EV incentives are the nail in the coffin for ICE manufacturers
The newly-revised electric vehicle incentive program, which is a part of President Biden’s Build Back Better plan, could officially spell the end of the combustion engine era in the American automotive industry. The new EV tax credit breakdown could award as much as $12,500 for an EV purchase, but that’s not the best part. As…
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Ford’s BlueCruise driver-assist system rollout delayed to Q1 2022
Ford’s BlueCruise, which the veteran automaker advertises as a “hands-free” driver-assist system that could be used on pre-mapped highways, will not be meeting its initial 2021 target release date. The upcoming driver-assist suite’s release would be moved to the first quarter of 2022 instead, at least according to Ford CEO Jim Farley. Farley’s recent comments…
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Which Stock is Better – Ford vs Tesla?
In this segment of Wealthy Wednesdays we are going to examine Ford Stock and Tesla stock and see which one is the better investment. Article Source and Credit youtube.com https://www.youtube.com/watch?v=5ZTQxbUDhJY Buy Tickets for every event – Sports, Concerts, Festivals and more buytickets.com
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Tesla’s groundbreaking influence in EV sector appreciated by VW and Ford CEOs
Tesla’s groundbreaking influence in the electric vehicle sector has been recognized by Volkswagen AG CEO Herbert Diess and Ford CEO Jim Farley, who both recognized the automaker and CEO Elon Musk’s efforts as the benchmark for the sector. It is no secret Tesla and Musk have been instrumental in the development of electric vehicles, but…
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Ford’s ‘Charge Angels’ Will Find And Fix Faulty EV Chargers
Ford is rolling out ‘guardian angels’ across the United States that will hunt down faulty electric vehicle charging stations Customers of the brand’s Mustang Mach-E have access to 63,000 chargers across the U.S. from Electrify America, ChargePoint, and other stations. Ford acknowledges that some of these plugs are old and don’t function correctly so the…
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Why Ford is bullish on domestic EV manufacturing
The auto giant is moving forward with ambitious plans to invest $11.4bn in new EV and battery factories in Tennessee and Kentucky Ford CEO Jim Farley, whose grandfather devoted his professional life to the automaker’s Rouge Complex in Dearborn, Michigan, worries everyday about employment risks related to the electric vehicle transition. As Farley and other…
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Automakers’ Stocks Are Still Climbing Even As Sales Fall. Confused?
Car sales have tumbled around the world as the global shortage of computer chips forces carmakers to reduce production, and in some cases stop it altogether. So you might expect that kind of bleak picture to send the stock prices of automakers plunging in response. But that’s not what’s happening. In fact, the opposite is…
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GM Ends Its Lawsuit Against Ford For The ‘BlueCruise’ Name
General Motors says it has resolved its lawsuit against Ford over its rival’s use of the term ‘BlueCruise’ for its hands-free driving assistance system. GM initially sued Ford for copyright infringement in July, asserting that Ford’s BlueCruise too closely resembled GM’s self-driving car division Cruise, as well as its SuperCruise hands-free driving assistance system. Speaking…