Ford announces $11.4 billion investment in electric vehicle manufacturing
According to Ford, the move will create 11,000 jobs and enable the company to produce more than a million electric vehicles per year.
Ford
‘Big Three’ automakers join Biden in electric car promises
Ford, GM, and Stellantis (including its subsidiary Chrysler) have vowed that up to 50% of their car sales will be electric by 2030.
Ford Europe will sell only all-electric passenger cars from 2030
Beyond 2026, the company will start phasing out production of plug-in hybrids on the road to going all electric by the end of the decade.
Ford goes ‘all in’ on electric cars with $11 billion investment
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market.
Ford’s moving assembly line slashes car production time by nearly 90%
In December 1913, Henry Ford’s engineers set a Model T chassis in motion on a moving line at Highland Park, Michigan, letting workers stand still while the work came to them. Assembly time dropped from more than 12 hours to 93 minutes. It was a quiet turning point in how humans make almost everything.
Ford Motor Company launches the Model T, bringing car ownership to ordinary Americans
The Ford Model T rolled out of a small Detroit factory on October 1, 1908, priced at $850 — still steep, but built with working families in mind. By 1924, assembly line breakthroughs had dropped the price to $260. It was among the first times ordinary people could own what had belonged to the wealthy.