Ford commit$ $30 billion for 2025 electrification

Ford Motor Co. se has committed to expanding its investments in electrification efforts to more than $30 billion through 2025, which will come with its battery progression program. The automaker also revealed a target of electric cars representing 40% of its global production through 2030.

Both ads are part of a program called “Ford” presented at the Capital Markets Day event in 2021. “I’m excited about what Ford means to our customers, who will gain new and better reporting advantages by combining our iconic world-class cars with “This is our biggest opportunity for expansion and pricing since Henry Ford started developing the Model T, and we’re catching up with both hands,” CEO Jim Farley said.

Ford’s electrification targets are comparable to the targets set through General Motors, which has committed $27 billion in capital investments for its next series of autonomous vehicles.

Ford is also committed to designing, designing and producing its own batteries for its electric battery vehicles, adding the creation of a “global battery center of excellence” called Ford Ion Park, where more than 150 battery chemistry experts will work to increase battery life and costs. . , for Ford and his clients.

The automaker has promised a series of electric vehicle batteries to integrate vertically into its vehicles, the IonBoost lithium-ion battery; Lithium phosphate iron IonBoost Pro for advertising vehicles; and long-range semiconductor batteries derived from their own progression and partnership with their joint venture Solid Power.

Ford then reconfirmed a Memorandum of Understanding for a joint venture with SK Innovation, known as BlueOvalSK, to manufacture battery cells and dies in two US plants. But it’s not the first time For Ford and Lincoln vehicles.

Finally, Ford announced a new global distribution and vehicle company called Ford Pro, committed to electric cars for advertising and government customers.

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Artemis’s assignment aims to explore remote distances from the moon’s surface, and a next-generation lunar vehicle will depend on autonomous technologies and the car manufacturer.

Lockheed Martin Corp. et General Motors Co. announced that they would paint in combination to expand “next generation” lunar cars for NASA’s Artemis program. The Lunar Field Vehicle (LTV) will be a reaction to NASA’s request that brands expand astronauts’ tactics to explore larger lunar surface spaces than previously imagined.

Artemis is the program introduced through NASA in 2017 to send humans to the Moon until 2024 (now, in the mid-2020s), and more particularly to the moon’s south pole, rugged terrain and a very unscrutinly atmosphere. will be the first human project to the Moon since the end of the Apollo program in 1972.

While the Apollo rover has travelled 7. 6 km (4. 7 miles) from the landing site, next-generation lunar cars will be designed for much longer distances.

Lockheed Martin will lead the progression team, based on his track record of working with NASA on human and robotic spacecraft in deep space, adding the Orion spacecraft to adopt for Artemis and other spacecraft for Mars and planetary exploration.

GM is expected to bring its functions to electrical battery technologies and propulsion systems, such as autonomous technology.

According to Rick Ambrose, executive vice president of Lockheed Martin Space, “surface mobility is essential to enable and assist long-term exploration of the lunar surface. These next-generation rovers will greatly expand the diversity of astronauts as they conduct high-priority activities clinical studies on the Moon, which will in the end have an effect on humanity’s understanding of our position in the solar system.

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