How Much Money Has Ford Lost On Electric Vehicles Details. The projected $4.5 billion loss is over. Ford’s ev business continues to lose money, around $1.3 billion this past quarter in adjusted earnings.
Ford’s electric vehicle business lost $2.1 billion in 2022 and has. Ford has just released its first quarter results.
By Contrast, The Division That Makes Gasoline And Hybrid Vehicles For Consumers Made A $7.5 Billion Profit.
By camila domonoske (npr) aug.
Its Stock Was Trading At About $100 At The End Of 2021 But Has Fallen To Around $31 As Rivian Has Struggled To Ramp Up Production Of An Electric Pickup Truck,.
The division, called “ford model e,” has already shed about $1.8 billion in 2023 so far.
Still, The Automaker Has More Than Enough Room To Keep Throwing Money At Electric Vehicles.
Images References :
That Number Comes Via Insideevs , Which Notes That:
Ford says it will spend $22 billion on electric vehicles and $7 billion on autonomous vehicles, for a total of $29 billion, by 2025.
Its Stock Was Trading At About $100 At The End Of 2021 But Has Fallen To Around $31 As Rivian Has Struggled To Ramp Up Production Of An Electric Pickup Truck,.
Ford said it will lose $3 billion on its sales of electric vehicles to consumers this year, but it still expects to hit the profit targets it set for this year of between $9 billion.
By Contrast, The Division That Makes Gasoline And Hybrid Vehicles For Consumers Made A $7.5 Billion Profit.