Ford's stock surged about 22% over two days, marking its best rally since March 2020, driven by Morgan Stanley's bullish report on Ford Energy, a new battery storage business. Morgan Stanley values this unit at $10 billion, highlighting its potential to generate significant earnings by 2028 through supplying battery storage to data centers and utilities. The firm's competitive edge includes a licensing deal with CATL, enabling it to benefit from U.S. tax credits. Historically, similar Ford rallies have led to strong 12-month returns, though this time the rally follows a company-specific reset rather than a market crash. The key to sustained growth lies in Ford Energy securing major customers soon.
Ford has recalled over 500,000 Bronco SUVs made between 2021 and 2026 due to a wiring defect that could cause engine fires. The recall includes some Bronco Raptors and follows reports of at least 15 fire incidents linked to the wiring harness, though...
Ford announced it will integrate Apple Maps directly into its upcoming Universal Electric Vehicle Platform starting in 2027. This integration, enabled by Apple's MapKit for Automotive SDK, will offer drivers turn-by-turn navigation, real-time traffic...
Ford announced a partnership with Apple to include Apple Maps in its new Universal Electric Vehicle (UEV) platform launching in 2027. The integration will provide drivers with turn-by-turn navigation, real-time traffic updates, and detailed search fu...
Apple announced MapKit for Automotive, a new developer tool allowing automakers to embed Apple Maps directly into vehicle infotainment systems. Ford will be the first partner, integrating this into its new affordable electric vehicles starting with a...
Chinese automaker Geely and Ford announced a joint venture to manufacture electric vehicles at Ford's plant in Valencia, Spain. The venture, pending regulatory approval, will start operations in the first half of 2027, with the first EVs expected in ...
