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 Motor Company institutes world’s first moving assembly line for the Model T
The assembly line, driven by conveyor belts, reduced production time for a Model T to just 93 minutes by dividing the process into 45 steps.
The Ford Company invents the Model T, the first car affordable to the masses
Conceived by Henry Ford as practical, affordable transportation for the common man, it quickly became prized for its low cost, durability, versatility, and ease of maintenance.