Published: May 27, 2021
Ford shares reached a five-year high after the automaker said its boosting spending on electric vehicles by at least 36% to $30 billion over the next four years and said that by the decades end, four out of 10 models it sells will be battery-powered.
Published: April 12, 2021
Two South Korean industrial giants have reached a last-minute, $1.8 billion global settlement of a trade secrets case that will allow a pair of new plants in Commerce, Ga., to move ahead with plans to supply batteries for Ford and Volkswagen electric vehicles.
Published: April 11, 2021
Two South Korean industrial giants have reached a last-minute global settlement that will allow a pair of new plants in Commerce, Ga., to move ahead with plans to supply batteries for Ford and VW electric vehicles, according to people familiar with the negotiations.
Published: April 09, 2021
Panasonic Corp. is betting that close to a century of experience making car batteries has prepared it to manufacture a difficult-to-produce next-generation battery championed by Tesla as the key to unlocking cheaper and more ubiquitous electric vehicles.
Published: March 11, 2021
Oshkosh Corp. executives cautioned investors that they lacked expertise in building electric vehicles several months before the company won a lucrative U.S. Postal Service contract to build next-generation mail-delivery vans with batteries or internal-combustion engines.