Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping ...
Last week, Ford Motor F and General Motors GM topped Wall Street estimates with their first quarter results. But, they did it on the back of their internal-combustion engine vehicles, more ...
Ford is taking a step back from its ambitious electric vehicle (EV) plans after revealing significant financial losses. Recent reports indicate the automaker is scaling down its orders of EV batteries ...
(CNN) – Ford’s electric vehicle unit reported Wednesday that losses soared in the first quarter to $1.3 billion. The EV unit ...
(CNN) – Ford’s electric vehicle unit reported Wednesday that losses soared in the first quarter to $1.3 billion. The EV unit sold 10,000 vehicles in the first three months of the year.
Despite EV sales surging 86% to 20,233 in the first three months of 2024, Ford is pulling back. All Ford electric models saw double (or triple) digit sales growth. The F-150 Lightning remained the ...