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.
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Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
Unleashing American Energy is the title of Trump's order targeting the Biden administration’s support for EVs. That support ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
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Aston had previously pledged to introduce its first EV as soon as 2026, but that now definitely won’t he happening.
When looking at the overall car market, the Model Y finished in fourth and the Model 3 landed in 27th spot. The best-selling ...
While recently speaking about Aston Martin’s first EV, which is set to arrive later this decade, chief executive Adrian ...
New information from Ford shows that the road to electric vehicle profitability is filled with potholes. Ford has projected ...
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