Mainecat Posted September 27, 2021 Share Posted September 27, 2021 Ford, SK to invest $11.4 billion to add electric F-150 plant, three battery factories Source: CNBC TECHNOLOGY NEWS SEPTEMBER 27, 20217:07 PM UPDATED 21 MINUTES AGO Ford, SK to invest $11.4 billion to add electric F-150 plant, three battery factories By Ben Klayman 5 MIN READ DETROIT (Reuters) - Ford Motor Co and its Korean battery partner SK Innovation will invest $11.4 billion to build an electric F-150 assembly plant, and three battery plants in the United States, accelerating the No. 2 U.S. automaker’s push into electric vehicles. A battery manufacturing complex U.S automaker Ford Motor Co and its South Korean battery partner SK Innovation plan to build in Kentucky, opening in 2025, is seen in an artist's renditon released September 27, 2021. Ford Motor Co/Handout via REUTERS Ford also said on Monday it now expects to have 40% to 50% of its global vehicle volume to be all-electric by 2030, up from its prior forecast of 40%. The companies intend to create nearly 11,000 jobs by opening assembly and battery plants in Stanton, Tennessee, and two additional battery factories in Glendale, Kentucky, as part of Ford’s previously announced plan to spend more than $30 billion through 2030 on electrification, Ford said. Plants on both sites will open in 2025. Monday’s announcement is the single largest manufacturing investment in Ford’s 118-year history. The Tennessee assembly and battery complex will be about three times the size of Ford’s sprawling, century-old Rouge manufacturing complex in Dearborn, Michigan, Ford North American Chief Operating Officer Lisa Drake told Reuters in an interview. She emphasized there will be room to expand on that site. {snip} Read more: https://www.reuters.com/article/ford-motor-electric-idUSL1N2QQ1G3 1 Quote Link to comment Share on other sites More sharing options...
nascarmike Posted September 28, 2021 Share Posted September 28, 2021 If they want to impress someone they would open up a semiconductor plant. 1 Quote Link to comment Share on other sites More sharing options...
racer254 Posted September 28, 2021 Share Posted September 28, 2021 21 minutes ago, nascarmike said: If they want to impress someone they would open up a semiconductor plant. Biden stopped that now. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 28, 2021 Author Share Posted September 28, 2021 150,000 F150 Lightning trucks have been pre ordered. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted September 28, 2021 Gold Member Share Posted September 28, 2021 (edited) 1 hour ago, Mainecat said: 150,000 F150 Lightning trucks have been pre ordered. And I’m sure you probably aren’t one of them. Edited September 28, 2021 by BOHICA 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 I'm down with that 1 Quote Link to comment Share on other sites More sharing options...
Cold War Posted September 28, 2021 Share Posted September 28, 2021 Not in the old motor city / state though, huh? Why do you think you would build plants so far away from your home base? Quote Link to comment Share on other sites More sharing options...
SayatodaU.P.eh? Posted September 28, 2021 Share Posted September 28, 2021 Just now, Cold War said: Not in the old motor city / state though, huh? Why do you think you would build plants so far away from your home base? Can I get UAW for $100, Alec? Quote Link to comment Share on other sites More sharing options...
SayatodaU.P.eh? Posted September 28, 2021 Share Posted September 28, 2021 150K ordered. Let’s see the order sheets and let’s see how many have a down payment on said order. What’s that old saying? Oh yeah, put your money where your mouth is. Quote Link to comment Share on other sites More sharing options...
Cold War Posted September 28, 2021 Share Posted September 28, 2021 46 minutes ago, SayatodaU.P.eh? said: Can I get UAW for $100, Alec? Lets ask green energy super stars and job creators Whitmer, stevens, slopkins. media? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 Unions continuing to shoot themselves in the foot Quote Link to comment Share on other sites More sharing options...
Cold War Posted September 28, 2021 Share Posted September 28, 2021 2 minutes ago, Skidooski said: Unions continuing to shoot themselves in the foot Not a bad gig , if you can get it. just have to look out for the Feds. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 5 minutes ago, Cold War said: Not a bad gig , if you can get it. just have to look out for the Feds. Yeah no kidding She even retired too but now might be facing jail time....hopefully Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted September 28, 2021 Share Posted September 28, 2021 Auto assemblers shouldn't be making much more than $12.50/hr. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 (edited) 11 hours ago, racer254 said: Biden stopped that now. TECH Biden signs executive order to address chip shortage through a review to strengthen supply chains PUBLISHED WED, FEB 24 2021 5:03 PM EST KEY POINTS President Joe Biden signed an executive order Wednesday meant to address a global chip shortage impacting industries ranging from medical supplies to electric vehicles. The action follows calls from bipartisan members of Congress and industry leaders warning about the potential consequences of the shortage. The Covid pandemic has underscored issues with U.S. reliance on supply chains abroad in many WED FEB 24, 2021 / 9:33 PM EST Biden to press for $37 billion to boost chip manufacturing amid shortfall Edited September 28, 2021 by Jimmy Snacks Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 If you "wear" them out go out and get some extra batteries for your cordless power tools now. Likely double/triple the price in the upcoming years. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted September 28, 2021 Share Posted September 28, 2021 3 minutes ago, Highmark said: If you "wear" them out go out and get some extra batteries for your cordless power tools now. Likely double/triple the price in the upcoming years. Doubtful Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 4 minutes ago, ActionfigureJoe said: Doubtful Lot's of EV volume coming online. We'll see if the lithium industry and keep up. Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted September 28, 2021 Gold Member Share Posted September 28, 2021 (edited) So glad all the boomers got to drive their favorite Gas Cars and Diesel trucks for 60+ years but now they want my generation to go all electric making our older cars and trucks we have invested in obsolete. Hey Biden I want to see you crush your 65 Corvette to pieces you fucking shithead pervert. Edited September 28, 2021 by EvilBird 1 Quote Link to comment Share on other sites More sharing options...
SHADOSPRIT Posted September 28, 2021 Share Posted September 28, 2021 My Question is what are they gonna do with all these batteries after a few years? There gonna go bad and get replaced....cant go to landfills..... 1 Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted September 28, 2021 Gold Member Share Posted September 28, 2021 (edited) 2 minutes ago, SHADOSPRIT said: My Question is what are they gonna do with all these batteries after a few years? There gonna go bad and get replaced....cant go to landfills..... They dont care because they will all be dead. Let the next generation figure it out. Im all for electric cars and trucks to be available. But Government mandating to eventually be all EV vehicles is complete bullshit but yet thats where we are headed. Edited September 28, 2021 by EvilBird 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 1 hour ago, Jimmy Snacks said: TECH Biden signs executive order to address chip shortage through a review to strengthen supply chains PUBLISHED WED, FEB 24 2021 5:03 PM EST KEY POINTS President Joe Biden signed an executive order Wednesday meant to address a global chip shortage impacting industries ranging from medical supplies to electric vehicles. The action follows calls from bipartisan members of Congress and industry leaders warning about the potential consequences of the shortage. The Covid pandemic has underscored issues with U.S. reliance on supply chains abroad in many WED FEB 24, 2021 / 9:33 PM EST Biden to press for $37 billion to boost chip manufacturing amid shortfall A review and pressing. Well that will solve it. 2 Quote Link to comment Share on other sites More sharing options...
SHADOSPRIT Posted September 28, 2021 Share Posted September 28, 2021 Buy electric boys...... 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 28, 2021 Platinum Contributing Member Share Posted September 28, 2021 1 hour ago, ActionfigureJoe said: Auto assemblers shouldn't be making much more than $12.50/hr. But fast food people (minimum wage workers) should be $15/hr? Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted September 28, 2021 Share Posted September 28, 2021 Just now, Skidooski said: But fast food people (minimum wage workers) should be $15/hr? Harder to deal with mcd’s customers than bolting on a starter or door hinge. Quote Link to comment Share on other sites More sharing options...
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