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Ford strikes lithium deals as 'near-shoring' trend benefits Canadian miners – by Andrew Willis (Globe and Mail – May 24, 2023) – Republic of Mining

Ford strikes lithium deals as 'near-shoring' trend benefits Canadian miners – by Andrew Willis (Globe and Mail – May 24, 2023) – Republic of Mining
republicofmining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from republicofmining.com Daily Mail and Mail on Sunday newspapers.

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Ford CEO announces changes, including non-negotiated vehicle prices

Ford CEO Jim Farley said ahead of the company’s capital markets day event Monday that the days of Ford being all things to all people are over. ....

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Ford secures multiple lithium deals to make 2 million EVs by 2026

Ford Motors announced several agreements with lithium companies on May 22, a step forward to support its EV ambitions. The carmaker also aims to achieve a margin of 8% of earnings before interest and taxes (EBIT) for its EV business segment by late 2026. ....

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Ford signs multiple lithium supply agreements to scale EV production

Ford executed lithium supply agreements with Nemaska Lithium, SQM, EnergySource Minerals (ESM) and Albemarle to ramp up EV production. ....

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Farley tells investors Ford will cut costs, improve quality and boost margins

Jim Farley says Ford is remaking itself by cutting costs, raising quality and offering software, services and new vehicles that will make profit margins among the best in the industry. ....

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