Ford Still Losing Billions on EVs, but Not All Is Lost
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric vehicle business, however, lost $5.1 billion, even worse than its loss of $4.7 billion the year prior. It expects to lose even more, $5.5 billion, on EVs in 2025.
EVs Cost Ford Staggeringly Huge Amount in Losses
Launched last September, there’s no denying that the JPJePlate, which is specifically meant for use on electric vehicles (EV) ...
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Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a ...
Unleashing American Energy is the title of Trump's order targeting the Biden administration’s support for EVs. That support ...
Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
Tax exemptions and cost savings draw more to EVs, but affordability is restricted by high floor price. Read more at ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
Aston had previously pledged to introduce its first EV as soon as 2026, but that now definitely won’t he happening.
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California’s surge in EV sales has stalled — so what happens to its landmark mandate?About a quarter of all new cars registered in California in 2024 were electric cars. The flat sales follow several years of ...
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