Ford is reportedly in “very advanced” talks with Volvo owner, Geely, to sell a portion of its Valencia plant in Spain. The deal may involve a new electric vehicle.
Ford recently opened a “skunkworks” facility to accelerate EV development in the hopes of catching up with China, whose EV industry is rapidly taking over the globe. We got a chance to look behind the veil and see what they’ve been up to in developing the new “Universal EV.”
After reporting that US sales dropped for a fourth consecutive month in April from last year, Ford is bringing back employee pricing and free EV chargers in its latest push.
Ford (NYSE: F) reported Q1 2026 earnings after the market closed, beating top and bottom lines due to a $1.3 billion one-time tariff refund and improvements with the Novelis plant recovery.
Ford Racing’s new Mustang Cobra Jet 2200 just became the quickest electric car on the planet, running a 6.87-second quarter mile at 221 mph at the NHRA 4-Wide Nationals in Charlotte this weekend.
The run demolished Ford’s own previous EV record — a 7.623-second pass set by the Cobra Jet 1800 in September 2024 — by a massive 0.75 seconds, a staggering improvement in a sport measured in thousandths.
Ford is reorganizing its standalone electric vehicle division — and losing the executive who built it. The automaker said today that Doug Field, its chief EV, digital, and design officer, will leave the company next month after nearly five years leading Ford’s push into software-defined EVs.
In his place, Ford isn’t bringing in another Silicon Valley hire. It’s folding the EV, digital, and design group into its global manufacturing operations under COO Kumar Galhotra, in a new unit called Product Creation and Industrialization.
Updated: the article’s lead was updated from Ford ‘dissolving’ its EV unit to ‘reshuffling’.
After scaling back EV plans, Ford (NYSE: F) is losing ground in the US. With fewer than 7,000 EVs sold in the first quarter, Toyota’s bZ electric SUV outsold Ford’s combined lineup.
Designed with an eye towards helping cost-conscious contractors and delivery fleets, the all-new Ford Transit City electric van is the perfect tool to navigate the challenges of clean air zones, rapidly rising fuel costs, and increasingly strict neighborhood noise restrictions while still delivering for their customers.
Ford offered a closer look at how its most important project ever, the Universal EV Platform, will drastically cut costs and deliver more driving range. The first vehicle based on the platform will be a mid-size electric pickup, which Ford said will start at around $30,000.
In what would be a “watershed moment,” Ford’s CEO, Jim Farley, reportedly spoke with the Trump Administration about partnering with Chinese EV makers in the US.
After it was outsold by China’s BYD globally for the first time last year, CEO Jim Farley said Ford “isn’t backing away from EVs.” It’s betting on more affordable models that will start at around $30,000.
Ford reported fourth-quarter and full-year 2025 earnings after the market closed. Despite beating top-line estimates, Ford’s updated EV plans took a bigger toll than expected on profits.
Ford is betting on its new Universal EV platform to compete with BYD and other leading Chinese brands. The first UEV-based model will be a mid-size electric pickup that Fordsays will start at around $30,000. Here’s our first look at it.
For months, Ford and Geely have been discussing a potential partnership that would allow the Chinese automaker to use underutilized plant capacity in Europe. The two appear to be closing in on a deal that would involve more than just sharing manufacturing space.
Ford is not planning to build electric vehicles in the US with China’s Xiaomi, despite a report claiming the partnership would “pave the way for Chinese carmakers to gain a foothold in the US.”
Ford updated the Explorer and Capri Standard Range EVs with a new LFP battery and electric motor. The changes unlock longer driving ranges, more power, and what’s expected to be a lower price tag.
Ford is getting into the MD- and HDEV game with the new Ford F-Line E electric semi truck that will be rolling onto Westerm European roads in either 4×2 or 6×2 configurations this summer, with 26-ton ratings and up to 1,820 lb-ft of Earth-moving torque!