CHENNAI (Reuters) -Car factories, including those of Renault-Nissan, Hyundai and Ford, can operate with full workforces in India's automaking hub from Monday, even though 75% of workers at the global carmakers' plants have not been vaccinated against COVID-19. India's southern Tamil Nadu state, known for its flourishing automobile industry, on Sunday allowed some industrial units including those of global automakers in and around capital city Chennai to operate at 100% capacity. The move follows a Tamil Nadu Directorate of Industrial Safety and Health report dated 18 June, reviewed by Reuters, which shows three in four workers at the plants of Ford, Hyundai and Renault-Nissan near Chennai have not been vaccinated against COVID-19.
It's clear that Ford Motor Company's (NYSE: F) new electric F-150 Lightning pickup could play a big role in the push to get more consumers to adopt electric vehicles. In this Motley Fool Live video, recorded on May 27, Industry Focus host Nick Sciple and Motley Fool senior auto specialist John Rosevear take a look at how Ford is planning to use its new line of electric vehicles -- and the enhanced computing power it's bringing to all of its products -- to drive revenue and profit gains that could give the stock an extra boost over the next few years. Nick Sciple: We've talked about the competitive landscape, the strategy that Ford has laid out in electric vehicles, how it is potentially opening up some more of these services-type revenues for Ford, which can be higher-margin when you think about the business earnings valuation, how does this change what Ford looks like as a business, say five-years in the future?
Myles Udland breaks down Friday's Morning Brief, which details how companies like GM and Ford benefit from a post-pandemic world as an explosion in demand for cars, mainly used cars, leads to increased investment in EV to keep up with Tesla.