Since Tesla sells about half of the EVs in the country, its struggles reverberate across the market. Tesla has faced an array ...
As EV prices have plunged and demand has slackened, Ford’s losses per EV exceeded $100,000 in the first quarter, more than ...
Still, Ford has pushed back some timetables related to EV rollouts and production. For example, Ford said last month that it ...
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10 ...
According to a report from Cloud Theory, the recent cut to Ford Mustang Mach-E prices has created a surge in consumer demand. Immediately following the price cut, figures on the number of Mach-E ...
The Mach-E led the charge ... up $5,500 from 2023. The only 2024 Ford Lightning models to receive price cuts from the previous model were the Platinum (-$7,000) and Platinum Black (-$5,000 ...
Instead of waiting for the traditional mid-cycle refresh, Ford has incrementally re-engineered the Mach-E to lower manufacturing costs, and it's cut Mach-E prices. But the automaker still has to ...
Just days after closing a Tesla investigation, federal safety regulators are now looking into Ford's driver-assistance system ...
Ford is still losing a lot of money on every electric car it sells, which is why following Tesla into a price war was not an easy decision. And yet, price cuts it did, with the Mustang Mach-E the ...
Ford had cut prices on its Mustang Mach-E electric SUV by up to $8,100 in February, after sales fell sharply a month earlier. The company also has a "skunk works" team working on a new ...
The Model e division posted a loss around $130,000 for every electric vehicle it sold from January to March 2024.