Ford is anticipating a substantial $3 billion loss in its electric vehicle (EV) business this year, marking an approximate 50% increase from the $2.1 billion deficit incurred in the preceding year.
Company officials said the electric vehicle unit, called “Ford Model e,” will be ... Model e had pretax losses of $900 million in 2021 and $2.1 billion last year, and it is expected to lose $3 ...
Ford maintains its projection that losses at the Model e EV business will rise nearly 50 percent to $3 billion this year. Ford Motor Company released its first-quarter earnings on May 2, posting a ...
If there's an elephant in the room for Ford Motor Company (NYSE: F) investors, it's certainly the whopping $4.7 billion loss from its Model e unit, Ford's division for electric vehicles (EVs).
The legacy carmaker has, for the first time, published its results, distinguishing the activities of electric vehicles from those of gasoline cars. For now, clean cars are a money pit. It's not a ...
Ford (F) announced big spending plans today in its home state of Michigan, with a new battery plant. As part of the company’s $50 billion global investment in electrification, Ford will build a ...
Opinions expressed by Forbes Contributors are their own. I am the CIO of KraneShares, a China-focused ETF provider. Ford has always been a leading American Automaker. They pioneered the first mass ...
General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing ...
Companies such as Ford (F) are collectively pouring hundreds of billions of dollars into electric vehicles (EVs). But as the industry transitions toward zero carbon emissions, battery supply ...
See the latest news for the top stocks in the electric vehicle space including Tesla, General Motors, NIO, Lordstown Motors, Fisker, and more. Ahead of the investor day event in Detroit, the first ...
A slump in the shares of China Evergrande New Energy Vehicle Group, the electric-vehicle (EV) unit of debt-ridden property developer China Evergrande Group, wiped out US$2.7 billion in market ...