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Ford, EV
Ford’s EV losses hit billions in 2024, is the worst yet to come?
Ford managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 billion year-over-year. Gains from its gas-powered vehicle sales helped offset net losses from an unprofitable EV business.
Ford's Shocking Electric Car Losses. And It Could Get Worse
Ford is projecting its electric car business will lose another $5.5 billion dollars this year. That figure matches last year’s deficit and eclipses the $4.7 billion the company lost building EVs in 2023—so for those of you keeping track at home that's a projection of roughly $15 billion in losses.
Ford projects mounting EV losses for 2025, Q4 profit up
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.
Ford goes protectionist as EV losses top $5B
Ford CEO Jim Farley has a question about President Donald Trump's threatened tariffs on imports from Mexico, Canada, and China: Why stop there? Farley
Ford expecting mounting EV losses this year
Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above $5 billion in 2025, similar to last year.
Ford Projects Significant Losses On EVs in 2025
Ford’s Model e electric division has stacked up some staggering losses in recent years, recording a $5.1 billion shortfall in 2024. Unfortunately, the automaker said it expects to lose even more in 2025 as a challenging market and an unpredictable political landscape take their toll.
2h
Ford CEO: IRA tax credit repeals could risk jobs, Trump tariffs are 'cost and chaos'
"They need to understand that there's a lot of policy uncertainty here," Ford CEO Jim Farley said about the administration.
Electrek
21m
Ford CEO warns Trump tariffs will ‘blow a hole’ in the US auto industry like we’ve never seen
As automakers brace for new tariffs on imports from Mexico and Canada, Ford’s CEO Jim Farley is warning the extra costs would be “devastating.” Farley said the additional tariffs, which could go into ...
5d
on MSN
Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
4d
on MSN
Ford CEO Jim Farley Says Big Electric Trucks Aren't Profitable Just Yet
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Electrek
4d
This is the Chinese EV Ford’s CEO says it needs to beat ‘straight up in a street fight’
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
11d
Test-Driving The 2025 Ford Explorer Electric
The Ford Explorer Electric was introduced after the Ford Mustang Mach-E, and was soon followed by the Capri. Of course, ...
5d
Ford Q4 earnings preview: Cost control, EV update, and tariff game plan key for Wall Street
Ford is on deck to report results for the fourth quarter and the full year, with a focus on taming rising costs and what’s ...
7h
on MSN
Ford's resistance to BlueOval SK battery plant union jeopardizes KY's future | Opinion
Ford and SK Innovation say forming a union at the EV battery plant is 'premature,' but they are using tactics commonly ...
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