Ford Expects to Lose $4.5 Billion on EVs This Year
Automaker Ford estimates its electric vehicle division will lose $4.5 billion this year, $1.5 billion more than it predicted in March.
Fortune said Ford's revised forecast comes from a sluggish receptiveness by consumers to the new battery-powered vehicles.
So far this year, Ford's EV division has shed nearly $1.8 billion, Fortune reported.
No worries, our government will bail them out if necessary.
https://www.newsmax.com/newsfront/ford-electric-vehicles-loss/2023/07/28/id/1128865/?fbclid=IwAR29R4exou_TOnftlnT_YsTKAwiQPC90onubHQxgn1Za4EFvyieKaV5u9yI
Elliott Lang /
npub1kf…ve5jd
2023-07-30 23:38:23
Author Public Key
npub1kfvg5gj24ylunurhqtueeyysz3m9mww49a3xkysjm8rlz5c8xj6qsve5jdPublished at
2023-07-30 23:38:23Event JSON
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"content": "Ford Expects to Lose $4.5 Billion on EVs This Year\n\nAutomaker Ford estimates its electric vehicle division will lose $4.5 billion this year, $1.5 billion more than it predicted in March.\n\nFortune said Ford's revised forecast comes from a sluggish receptiveness by consumers to the new battery-powered vehicles.\n\nSo far this year, Ford's EV division has shed nearly $1.8 billion, Fortune reported.\n\nNo worries, our government will bail them out if necessary.\n\nhttps://www.newsmax.com/newsfront/ford-electric-vehicles-loss/2023/07/28/id/1128865/?fbclid=IwAR29R4exou_TOnftlnT_YsTKAwiQPC90onubHQxgn1Za4EFvyieKaV5u9yI",
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