Ford bets an electric F-150
Ford unveils the F-150 Lightning, a battery powered version claiming 300 mile range and 4.5 second zero to sixty. Priced near 40,000 before options it aims to attract rugged pickup buyers and accelerate a shift from gasoline to electric in U S. Biden visits the Michigan plant as Ford bets on the model’s market adoption.
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Ford and SK Innovation launch Blue Oval Sky battery venture
Ford and SK Innovation announce a joint venture to build two North American battery plants with a target of producing for about 600 000 electric vehicles annually by the mid 2020s. The memorandum outlines ownership and locations to be decided while unions weigh wage and job protections amid the shift to electric vehicles. The plan aligns with Biden administration aims to expand EV charging and incentives.
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Jobless Benefits Trimmed Across States Amid Pandemic Recovery
A Century Foundation senior fellow notes emergency unemployment aid acts as a temporary lifeline as labor markets improve. About 20 million receive aid now, with 3.6 million set to lose benefits as 19 states end programs for self employed and long-term workers. Thirty five states reimpose job search requirements to keep aid.
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