$F Recalls 2,900 Lightnings/Scores Lithium Deal

Yahoo/Reuters headline: Ford recalls 2,900 EV F-150 Lightning pickup trucks
Mon, June 27, 2022 at 4:03 PM·1 min read

https://finance.yahoo.com/news/ford-recalls-2-900-ev-2003582…

(Reuters) - Ford Motor Co said Monday it will recall about 2,900 F-150 Lightning trucks because a software issue may result in a failure to provide adequate warning of low tire pressure.

The recall is the first for the Ford electric pickup truck. Ford said the trucks tire pressure monitoring system light may not illuminate when intended and may not be able to provide adequate warning of low tire inflation pressure because the recommended tire cold inflation pressure value was incorrectly set to 35 psi rather than the correct inflation pressure of 42 psi.

Yahoo/Reuters headline: Australia’s Liontown signs 5-year lithium supply deal with Ford Motor
Tue, June 28, 2022 at 7:42 PM·1 min read

https://finance.yahoo.com/news/australias-liontown-signs-5-l…

Liontown will supply the U.S. carmaker up to 150,000 dry metric tonnes (DMT) of spodumene concentrate per year, a source of lithium essential in the making of batteries for electric vehicles (EVs).

The Australian miner is expected to start supplying spodumene in 2024, starting with 75,000 DMT in the first year of the deal, and taking it up to 150,000 DMT in the third year.