One of the largest automotive companies in the world lost $1.3 billion in its EV-only business unit known as "Model e" in the ...

Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10 ...

DEARBORN (dpa-AFX) - Ford Motor Company (F) announced significant price cuts for its 2023 Mustang Mach-E models by up to $8,100, as sales of the all-electric SUV dropped by 51% in January compared ...

Ford has removed $5,000 in cost from the Mustang Mach-E crossover, but it's not enough to offset the revenue drop due to price cuts and competition.

Amid a shifting strategy, Ford (F) reported first-quarter earnings Wednesday, beating analyst expectations. However, due to fierce pricing pressure, ...

Ford EVs are losing money, but hope is on the way with a next generation of vehicles. Mazda shows an appealing electric sedan ...

Ford’s Model e division, which oversees some of the company’s EV sales as well as software, reported $100 million in revenue, an 84 percent drop from the same period last year ...

And its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the ... $5,000 in cost on each Mustang Mach-E, “revenue is dropping faster than ...

Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter ...

And its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the ... $5,000 in cost on each Mustang Mach-E, “revenue is dropping faster than ...

And its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the ... 150 Lightning pickups and Mustang Mach-E SUVs from Ecolab, a global ...