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 ...
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 ...
(Reuters) -Ford Motor Co on Wednesday outlined plans to run its electric vehicle (EV) unit separately, ... Ford said it expects to spend $5 billion on EVs this year, a two-fold rise over 2021.
Polestar shares have lost over 90% of their value since completing a SPAC merger in 2022. Find out why PSNY stock could hit ...
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 ...
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 ...
"We’re sharing some exciting news today about new jobs, new products and our latest investment in America's workforce," said CEO Jim Farley. Ford Motor (F) shares moved higher Thursday after ...
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 ...
(Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of its F-150 Lightning trucks, including a 17% cut for the base model, as it aims to boost ...