How Much Is Ford Losing On Electric Vehicles Images. Ford lost $36,000 per every electric vehicle it sold in the third quarter of 2023. Ford’s ev unit, which it calls model e, lost.
By camila domonoske (npr) aug. The reasons given were an unwillingness by customers to pay extra for its electric vehicles.
By The End Of This Year, The Company Based In Dearborn, Michigan, Expects To Be Building Electric Vehicles At A Rate Of 600,000 Per Year, Reaching A Rate Of 2 Million Per Year By The End Of 2026.
The company forecasts $16 billion in ebit from its traditional and commercial vehicle segments combined, more than enough to offset the projected $4.5 billion loss.
Here's What That Means For The Economy.
Losing money on every vehicle.
On The Revenue Side, The Sales Of Electric Vehicles, Amounted To $700 Million In The First Three Months Of The Year, Is Less Than Half Of The $1.6 Billion In Revenue.
Images References :
The Math To Support The Headline Is Simple.
Here's what that means for the economy.
Ford Is Postponing $12 Billion In Ev Factory Building, Including A Planned Battery Factory In Kentucky.
The company forecasts $16 billion in ebit from its traditional and commercial vehicle segments combined, more than enough to offset the projected $4.5 billion loss.
The Reasons Given Were An Unwillingness By Customers To Pay Extra For Its Electric Vehicles.