8 articles
The U.S. Transportation Department raised national security concerns over Ford's partnerships with Chinese battery maker CATL and automakers Geely and BYD, citing reliance on subsidized foreign techno
Ford increased its annual profit forecast driven by resilient SUV demand and a $2 billion investment in energy storage. The company cites elevated aluminum and steel tariff costs from supply disruptio
China's PV industry faces deep adjustment with H1 installations dropping over 60% and polysilicon prices falling 42%. Concurrently, Geely acquired 34% equity in Ford's Spanish plant to jointly develop
Novelis resumed production at its Oswego aluminum plant, a key supplier for Ford's F-150 trucks, following fire-related disruptions. The restart addresses supply bottlenecks that previously cost Ford
General Motors partners with Peak Energy to develop sodium-ion batteries for grid storage, utilizing abundant sodium and avoiding cobalt to meet AI-driven power demand. The automaker will leverage EV
Ford stock rose 15% after Morgan Stanley predicted energy storage agreements with hyperscalers, citing a $1.5 billion investment in battery facilities and a strategic partnership with CATL.
Eli Lilly and Merck rose on drug sales forecasts, while Ford cited rising commodity costs; broader US indices climbed following strong tech earnings reports.
Ford increased its full-year profit forecast despite warnings that rising commodity costs, including steel and aluminum disruptions, could cut earnings by $2 billion amid geopolitical tensions.
ChemBrief