Latest News Updates From Keith Naughton

BusinessTechnologyFuel

Ford Expands Electric-Truck Factory in Michigan as Demand Surges

Ford Motor Co. is spending $250 million to expand its new factory producing the battery-powered F-150 Lightning as demand surges for the pickup truck, which goes on sale next year.

September 16, 2021
BusinessTechnologyAutonomous

Walmart Teams With Ford, Argo to Launch Driverless Delivery Service

Walmart Inc. is teaming up with Ford Motor Co. and self-driving startup Argo AI to launch a driverless delivery service in three U.S. cities.

September 15, 2021
BusinessTechnologyEquipmentAutonomous

Ford, Lyft and Argo Team Up to Deploy Robo-Taxis

Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.

July 21, 2021
BusinessTechnologyFuel

Ford Acquires Battery-Management Startup to Charge EV Fleets

Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.

June 17, 2021
BusinessTechnologyFuel

Ford CEO Farley Stokes Stock With His $30 Billion Bid in EV Race

Ford Motor Co. CEO Jim Farley made a bold bid for electric supremacy May 26 by boosting his company鈥檚 bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup.

May 26, 2021
BusinessTechnologyEquipmentFuel

Ford Pressured to Provide Path to All-Electric Future

Riding a rising stock price, a splashy new model intro and a friendly presidential visit, new Ford Motor Co. CEO Jim Farley faces his biggest test yet: explaining his strategy for making the 118-year-old automaker relevant in the electric age.

May 25, 2021
GovernmentBusinessTechnologyFuel

Ford鈥檚 High-Stakes Electric F-150 Will Start Under $40,000

Linda Zhang, chief engineer of Ford Motor Co.鈥檚 new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker鈥檚 suburban Detroit proving grounds and mashes the accelerator.

May 20, 2021
BusinessTechnologyAutonomous

Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.

May 4, 2021
BusinessTechnologyEquipmentFuel

Ford to Open Battery Research Lab in Electric Vehicle Push

Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.

April 27, 2021
GovernmentBusinessTechnologyFuel

EV Shift Becomes Life-or-Death Risk for Automakers

The shift to electric vehicles won鈥檛 happen like the flip of a light switch.

April 8, 2021