Ford is pushing forward with its Universal Electric Vehicle (UEV) platform, designed to transform its EV business from billions in losses to breakeven by 2029. The first UEV-based product is a $30,000 midsize electric pickup truck launching next year, targeting affordability and competitiveness against Chinese and Tesla EVs. Despite industry headwinds, restructuring charges, and the departure of a key EV executive, Ford remains committed to innovation with a new development center in Long Beach, California, focusing on faster, cost-efficient EV production. The UEV platform aims to reduce parts and assembly complexity, leveraging new battery tech and manufacturing methods to compete globally while prioritizing the North American market initially.
This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...
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...
