Ford Motors

Ford cancels $6.5 billion battery deal with LGES amid massive EV strategy reset

By Cygnus | 17 Dec 2025

Ford cancels $6.5B battery deal with LGES and takes a $19.5B write-down. Automaker pivots to "EREV" trucks with 700 mile range, citing EU policy shifts and weak EV demand.

South Korea’s SK On and Ford Motor to End U.S. Battery Joint Venture

By Cygnus | 11 Dec 2025

Ford and SK On dissolve their $11.4B BlueOval SK joint venture. Ford takes full control of Kentucky plants, while SK On retains the Tennessee site amid EV market shifts.

Ford to re-enter India with SUVs, hybrids and EVs: report

06 Mar 2024

Ford Motor, which exited India and sold its Gujarat plant to Tata Motors, is now all set to make a comeback with the launch of new car models, including SUVs and hybrid and electric vehicles

Ford to stop manufacturing in India, close its 2 plants

13 Sep 2021

Ford has been in India for 25 years, but managed to gain less than 2 per cent of the market share as its dated line-up failed to bring in competition

CCI approves M&M-Ford joint venture in India

11 Feb 2020

Ford will retain the Ford engine plant in Sanand as well as the global business services unit, Ford Credit and Ford Smart Mobility, and transfer the remaining to the joint venture in which M&M will hold 51 per cent and Ford the remaining 49 per cent

Ford unveils all-electric Mustang Mach-E SUV

20 Nov 2019

Mustang Mach-E GT Performance Edition comes with a 0-60 mph in the mid-3-second range, an estimated 342 kW (459 horsepower), 830 Nm (612 lb-ft) of torque and an impressive range of at least 300 miles on a single charge