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Ford projects mounting EV losses for 2025
Ford goes protectionist as EV losses top $5B
Ford CEO Jim Farley has a question about President Donald Trump's threatened tariffs on imports from Mexico, Canada, and China: Why stop there? Farley
Ford projects mounting EV losses for 2025, Q4 profit up
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.
Ford lost $5 billion on its EV business in 2024—and things could get worse this year
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose 25% tariffs on goods from Mexico and Canada, which would affect Ford.
Ford lost $5 billion on EVs in 2024, teases new models
Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.
EVs Cost Ford Staggeringly Huge Amount in Losses Over Just 3 Months
New information from Ford shows that the road to electric vehicle profitability is filled with potholes. Ford has projected that in 2025, it will lose up to $5.5 billion on its electric vehicle and software divisions.
Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.
ev, Volkswagen
Volkswagen is unveiling a $21,000 entry-level EV in March
Volkswagen is working on an entry-level electric vehicle that will sell for a base price of €20,000 ($21,000). The company has already given its own employees a look at its initial design during a meeting in Wolfsburg,
Volkswagen claims it’s actually making that $20,000 EV and will show it next month
Volkswagen has announced that next month, it will show off a new low-cost, entry-level EV that could cost just €20,000 (about $20,800 USD), the price it suggested it would hit back when it announced the ID.
Volkswagen teases its most affordable EV yet
Volkswagen is launching a €20,000 (~A$33,000) electric vehicle in Europe from 2027, aiming to go head-on with affordable Chinese rivals.
4h
on MSN
EV buyers shouldn't get government incentives, Volvo CEO says
The Volvo Cars boss Jim Rowan echoed Elon Musk, telling Business Insider he disagreed with the idea that governments should ...
PC Magazine
4h
2025 Chevrolet Blazer EV Review
Chevrolet Blazer EV has good range, stunning looks, state-of-the-art infotainment, and preventative driver assists, all for a ...
7h
Presto EV-Charging Platform Raises $15M, Has Ties With Avis, Hertz
Presto, an electric vehicle charging platform, said it has raised $15 million in funding from Union Square Ventures, ...
11h
Chinese EV giant BYD to hire 20,000 in Zhengzhou in first quarter, local media reports
Chinese electric vehicle maker BYD plans to hire 20,000 employees in Zhengzhou in the first quarter, in areas including R&D ...
42m
BMW's Dedicated M EV Prototype Has an Interesting Fake Engine Sound
BMW M's latest EV development documentary is focused on low-grip driving, but the most interesting part is a teaser at the ...
1d
Cybertruck Gets $7,500 Tax Credit Despite Threat Of Ending ‘EV Mandate’
The Cybertruck gets the federal tax credit despite the noise from President Trump about eliminating 'unfair' EV subsidies, ...
23h
Ford's gas vehicles head to take on expanded role of leading EV unit
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
Santa Rosa Press Democrat
19m
California’s surge in EV sales has stalled — so what happens to its landmark mandate?
About a quarter — 25.3% — of all new cars registered in California in 2024 were electric cars, compared with 25% in 2023. The flat sales follow several years of rapid growth, and sales are still far ...
2d
EV demand stalls out in California as automakers face zero-emission sales mandate
Aside from Tesla, no other major manufacturer will meet the state’s 35% threshold for zero-emission vehicles in the 2026 ...
PC Magazine
1d
Trump Threats Haven't Scared Off EV Buyers Yet, But How Long Will That Last?
Electric cars hit record adoption rates in recent months, but Tesla's shaky sales and an uncertain future for the $7,500 tax ...
1h
on MSN
You've Never Heard Of VinFast's Cutest EV
VinFast introduced four models oriented for fleet, taxicab and livery services in Vietnam: The Minio Green, Herio Green, ...
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