Since Tesla sells about half of the EVs in the country, its struggles reverberate across the market. Tesla has faced an array ...
Ford sold 20,233 electric vehicles in the first three months of 2024, surging 86% from last year. The Mach-E led the charge, with sales climbing 77% year-over-year (YOY). With 9,589 units sold in ...
Still, Ford has pushed back some timetables related to EV rollouts and production. For example, Ford said last month that it ...
Just days after closing a Tesla investigation, federal safety regulators are now looking into Ford's driver-assistance system ...
As the broader automotive industry bolsters the all-electric segments with new models, those already on the market must adapt to stay competitive. That includes the Ford Mustang Mach-E, which ...
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 ...
Ford Blue, the division in charge of combustion-powered Mustang, trucks, SUVs, and Lincolns, earned $900 million before income taxes in the first quarter, hampered by the timing of its next ...
In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. As reported by CNN, Ford said its Model E business unit, focused toward ...
, opens new tab cut prices of some variants of its F-150 Lightning electric pickup truck by as much as $5,500, the Detroit automaker said on Thursday, as it navigates a competitive EV market.
The Model e division posted a loss around $130,000 for every electric vehicle it sold from January to March 2024.
Many mocked Tesla for its deep price cuts in January 2023, but the market proved that Tesla's decision was the right move. Ford learned that cutting prices helps with EV sales and is willing to ...