Ford (F) 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 and $11 ...

One area of the company is bleeding money (for now.) But the good PR and even strong sales do not necessarily translate into strong earnings particularly when expenses related to production and ...

Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion. The company released its ...

Ford is building a new $3.5 billion plant in Marshall, Mich., that will employ 2,500 workers making batteries for electric vehicles. Ford was initially considering sites outside of the U.S. but ...

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 ...

July 27 (Reuters) - Ford Motor (F.N) Chief Executive Jim Farley on Thursday outlined a significant change in the automaker's product strategy, slowing the ramp-up of money-losing EVs, shifting ...

Large auto makers are losing huge money on the EV transition that is essentially being forced down their throats by worldwide ...

Ford Motor Company (NYSE: F) and other legacy automakers are making the transition to electric vehicle (EV) sales, but it's been no joyride. Manufacturing a battery-powered car with sophisticated ...

The mismatch between supply and demand is part of the industry’s growing pains, but analysts say the long-term trend of ...

Global electric car sales July 2023 up 41% YoY to a 16% share. Click here to read the complete EV company news for August ...

If the Inflation Reduction Act can be said to have a mascot, it’s the electric vehicle. Whenever they’re not out taking E.V.

A strike affecting one or all of the Big Three automakers “seems inevitable,” Wall Street analysts and auto-industry ...