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.
New information from Ford shows that the road to electric vehicle profitability is filled with potholes. Ford has projected ...
Tesla now allows Mercedes-Benz EVs to use the Supercharger network, but owners will have to perform an update at the ...
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 ...
Related: Where you'll feel the financial impact of Trump's tariffs CONWAY GITTENS: Now, you mentioned that while sales might ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
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 ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
While recently speaking about Aston Martin’s first EV, which is set to arrive later this decade, chief executive Adrian ...
President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his ...
DOGE certainly has high-speed rail in its crosshairs. Before DOGE co-chair Vivek Ramaswamy stepped down to pursue a run for ...
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