The deal, understood to be worth KRW13trn (USD9.4bn), comes a year after the two companies decided to scrap plans to build a battery manufacturing joint venture in Turkey due to weakening demand for electric vehicles (EVs) in Europe.

This will relieve prohibitive upfront costs for customers whilst improving charging efficiency and energy management as many businesses look to capitalise on Californian state funding to transition fleets to zero emissions.

There was plenty to report from the 2024 edition of the Advanced Clean Transportation (ACT) Expo held at the Las Vegas Convention Center between May 20-23.

As part of the City’s climate pledge to fully electrify its municipal transportation operations by 2040, Ford has signed a ten-year contract with the City to install and manage its Ford Pro EV chargers to power the Dallas light-duty municipal fleet.

The three million-square-foot site is set to be operational in the first half of 2026 with an estimated capacity of up to 45,000 tonnes of cathode active materials (CAM) per year supporting the production of up to 225,000 electric vehicles annually.

The first batch of Ford E-Transit panel vans has already been delivered and will operate in Europe and the Americas.

Dearborn, Michigan-based Ford Motor Co has received an order from Penske Truck Leasing for 750 units of its E-Transit cargo van. Initially, Penske’s E-Transit vans will be made available in Southern California, with other locations in the US to be phased in later in the year.

Ford Motor Co, based in Dearborn, Michigan has announced that Ford Otomotiv Sanayi A.Ş. (Ford Otosan), based in Gölcük, Turkey, will assume control of its manufacturing plant in Craiova, Romania, subject to regulatory approval, in Q3 2022.

Ford Motor Co, based in Dearborn, Michigan, USA, SK On Co Ltd, based in Seoul, South Korea, and Koç Holding, based in Istanbul, Turkey, have signed a memorandum of understanding for a new joint venture in Turkey. The proposed JV would lead to the creation of one of the largest commercial vehicle electric battery facilities in the European region.

Ford Motor Co, based in Dearborn, Michigan, has started shipping the first models of the all-electric E-Transit to its Ford Pro commercial customers. Ford has already received orders for more than 10,000 units of the E-Transit which it says have come from over 300 different customers.

The Shyft Group subsidiary upfitted bodies to two E-Transit pilot vehicles which are currently being tested with customers in North America.

Ford Motor Co of Dearborn, Michigan, has announced it plans to nearly double production capacity of the electric F-150 Lightning pickup to 150,000 units per year.