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...Ford said it was reviewing the implications of the rules....
...Michigan offered $1.7bn in incentives to Ford for its battery plant using China’s CATL technology....
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and David Sheppard, with support from the FT’s global team of reporters....
...Big carmakers including Ford, General Motors and Tesla have paused plans to expand EV production in recent weeks....
...Ford said it was pushing back $12bn in EV investments amid a “flatter growth curve that we’re seeing relative to what the industry expected and we expected”....
...Notwithstanding the occasional periwig, it resembles those epic oaters once directed by the likes of John Ford or Anthony Mann, with bursts of violence that are closer to Sam Peckinpah....
...If the government was serious about listening to business, it would not be prevaricating over its net zero commitments, to the despair of companies like Ford UK....
...Because electric vehicles require fewer parts to produce, the move away from gas-guzzling engines risks job loss in the auto sector, with Ford chief Jim Farley expecting 40 per cent fewer workers....
...In our second note, Amanda hears from AlixPartners about the future of the world’s car sector....
...Vale has partnered with China’s Huayou Cobalt and Ford on Pomalaa....
...(Amanda Chu) Power Points G7 disappoints on climate progress without deadlines on gas and coal use. Ford strikes lithium deals in bid to secure EV battery supplies....
...And Amanda breaks down what US president Joe Biden’s moves on electric vehicle subsidies means for sales....
...Last month, Ford announced a controversial $3.5bn plan to build batteries in Michigan using technology from China’s CATL....
...However, GSK’s general counsel James Ford points out that the remaining part of the company also needed a reinvention....
...Ford and other large US manufacturers invest in lithium battery technology prevalent in China....
...Amanda looks at the controversy surrounding a multibillion-dollar Ford battery plant in Michigan — and the difficulties it illustrates in building a domestic clean energy ecosystem without Chinese involvement...
...Just this week, Ford announced plans for a $3.5bn factory in Michigan to build batteries, and Siemens Gamesa unveiled plans to build a $500mn offshore nacelle factory in New York....
...Second-place Ford only accounted for 9 per cent of EV sales in the fourth quarter....
...Ford is building an electric version of its Mustang in its Cuautitlán plant....
...Honda, Hyundai, BMW and Ford have all announced multibillion-dollar plans to build batteries in the US following the IRA’s passage....
...(Amanda Chu) Power Points TotalEnergies says it will take a $2.1bn hit from UK and European windfall taxes....
...Amanda GerrityGeneral counsel, Octopus Energy Amanda Gerrity has prioritised supporting business growth at the UK energy company while keeping her legal team to a lean four people in the UK....
...Making electric vehicles requires 40 per cent fewer workers than petrol-powered cars, warns Ford executive....
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