Ford predicts big EV loss, even as overall profits beat forecasts
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
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Ford's Electric Vehicle Sales SoarFord's electric vehicle sales surged by 21.2% in January, driven mainly by the Mustang Mach-E SUV, which saw a 172% increase ...
Ford Motor witnessed EV sales soar 21.2% in the U.S. in January despite a drop in sales of both its E-transit van and F-150 ...
Businesses in Europe using the Ford Transit in their fleets have a tool to figure out if going electric makes sense for them, and that tool is now available here in the U.S. The software ...
Several automakers, including Honda, Hyundai, Ford, and Kia, reported higher EV sales in the US in January. Here’s a ...
Why It Matters: Ford’s Mach-E is one of Ford’s three EVs sold in the U.S. besides the F-150 Lightning pickup truck and the E-transit electric van. Last year, Ford sold 97,865 electric ...
The new Ford Transit Custom features a total load volume of almost six cubic metres, a maximum load length of over three ...
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