Search results for Jim Farley
Mobility
Ford, Geely to set up European production joint venture, target first mass-produced vehicles in 2028
Ford will partner with China’s Geely to jointly produce electric and plug-in hybrid vehicles in Europe, with plans to set up a new joint venture at a Valencia, Spain, plant. The companies are reviewing a system capable of producing about 500,000 vehicles a year by using idle capacity. Subject to regulatory approval, Ford would hold 66 percent and Geely 34 percent. Production preparations start in the first half of 2027, with first vehicles due in 2028.
Mobility
Ford begins first U.S. production of LFP battery cells, to fit in $30,000 electric pickup in 2027
Ford has begun producing lithium iron phosphate (LFP) battery cells in the United States as it steps up efforts to target the mass-market electric vehicle segment. The company produced its first LFP cells at its BlueOval Battery Park in Michigan, with plans to use them in a mid-size electric pickup priced in the $30,000 range due in 2027. Ford licensed technology and manufacturing processes from China’s CATL and also plans to use the batteries in energy storage systems.
Mobility
Tesla completes design of AI5 chip as U.S. presses automakers on war preparedness
The United States is stepping up a wartime response posture, adding pressure on the auto industry. The Pentagon has contacted top executives at major automakers such as GM and Ford to sound out slowing some EV output and expanding weapons and military supplies production. Separately, Ford’s CEO warned about Chinese EVs and the company reshuffled its organisation. Volkswagen accelerated battery work, while Tesla completed its AI5 chip design and updated its FSD app amid complaints over HW3 limits.
