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Ford is investing $3.5 billion in EV battery plant with Chinese firm: Report
The factory near Marshall, Michigan, will employ 2,500 workers, Ford said Monday. The facility is set to open in 2026 and will produce enough batteries to power 400,000 EVs a year.
Published on Feb 14, 2023 06:00 AM IST
Bloomberg | | Posted by Aryan Prakash
US carmaker Ford to cut up to 3,200 jobs across Europe: Report
Ford Motor Co. plans to cut about 3,200 jobs across Europe, following workforce reductions in the US as the automaker slashes costs in a shift toward electric vehicles.
Published on Jan 24, 2023 05:11 AM IST
Bloomberg |
Ford cuts 3,000 jobs in North America and India to accelerate transition to EVs
In an announcement on Monday, the automaker said that 2,000 full-time salaried workers would be laid off, along with another 1,000 contract workers.
_1652343844301_1661234400477_1661234400477.JPG "File photo of Ford Motor logo")
Published on Aug 23, 2022 11:31 AM IST
Deutsche Welle |
