Ford Motor Company - F STOCK NEWS

The all-new, seventh-generation Ford Mustang was unveiled, showcasing a thrilling driving experience with advanced technology and performance enhancements. It includes two new engines: a turbocharged 2.3-liter EcoBoost and a powerful 5.0-liter V8, alongside features such as a fighter jet-inspired digital cockpit and customizable displays.

Ford plans to invest $50 billion in electric vehicles by 2026 while enhancing ICE growth. The new Mustang retains the brand's iconic appeal with modern aesthetics and advanced driver assistance technologies, set for launch in summer 2023.

Ford Motor Company (NYSE: F) announced its U.S. sales results for August 2022, revealing significant metrics impacting its market performance. The company aims to enhance customer loyalty and build a better world through its Ford+ growth plan. Ford continues to develop innovative vehicles and establish leadership in mobility solutions, including self-driving technology. With around 182,000 employees worldwide, Ford is well-positioned in the automotive industry. More details can be found in their full press release linked in the announcement.

Duke Energy is launching a pilot program in Florida to explore the use of Ford F-150 Lightning electric trucks as a grid resource. The program will test vehicle-to-grid (V2G) capabilities, allowing the trucks to supply power to homes and the grid during outages and peak demand periods. This initiative includes adding five trucks to Duke's fleet for extensive research on their battery performance and integration with solar energy systems. Duke aims to benefit customers and enhance the grid's efficiency while supporting its goals for clean energy transition by 2030 and net-zero carbon emissions by 2050.

Duke Energy has partnered with Ford to launch a demand response pilot program in North Carolina, leveraging the Ford F-150 Lightning's batteries to enhance the electric grid's reliability. Scheduled for 2023, the program will incentivize up to 100 participants by reducing lease payments for eligible EVs. Customers will allow their vehicles to return energy to the grid during peak times, thereby supporting energy balance. This initiative aims to promote a sustainable grid and is part of Duke Energy's broader goal of achieving net-zero emissions by 2050.

The CEOs of GlobalFoundries (GFS), Applied Materials (AMAT), and Ford (F) will co-host a summit with government officials to foster partnerships following the CHIPS and Science Act's passage. This act aims to enhance U.S. semiconductor manufacturing, addressing supply chain challenges and supporting economic and national security. Key leaders like Brian Deese and Dr. William LaPlante will engage in discussions on optimizing semiconductor production and promoting transportation electrification. The summit, held on August 8, 2022, underscores a commitment to domestic manufacturing and innovation.

Ford Motor Company (NYSE: F) reported its July 2022 U.S. sales results today. The company continues to demonstrate its commitment to building a better world through innovative mobility solutions and customer relationships as part of its Ford+ growth plan. Additional details, including comprehensive sales figures, can be accessed through Ford's media portal.

Ford has successfully delivered its electric F-150 Lightning trucks to customers across all 50 U.S. states in just two months. Leading states include Texas and California, with over 4,400 units sold in the U.S. and Canada year-to-date. Customers praise the truck's performance, including towing capabilities and features like the Mega Power Frunk. A survey indicates that nearly 80% of early buyers view the F-150 Lightning as their first full electric vehicle. Ford is set to report July sales totals on August 3.

The 2023 Ford F-150 Lightning Pro Special Service Vehicle is the first electric pickup designed for police use, merging efficiency with law enforcement capabilities. It features police-grade interiors and advanced electric powertrain benefits, aimed at reducing operational costs. Ford Pro facilitates the transition to electric vehicles for police departments, with access to charging solutions and flexible financing. The vehicle offers impressive performance metrics, including fast acceleration and significant towing capacity, enhancing the productivity and sustainability of police fleets.

Ford Motor Company (NYSE:F) reported its second quarter financial results for 2022. Details on revenue, profit margins, and specific metrics were not disclosed in the release. The earnings call scheduled for 5:00 p.m. ET will feature CEO Jim Farley and CFO John Lawler, among other executives. Ford's ongoing commitment to innovation and mobility solutions, including self-driving technology and financial services through Ford Motor Credit, were highlighted as part of its Ford+ growth strategy, aimed at enriching customer experiences.