Ford Still Losing Billions on EVs, but Not All Is Lost
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric vehicle business, however, lost $5.1 billion, even worse than its loss of $4.7 billion the year prior. It expects to lose even more, $5.5 billion, on EVs in 2025.
President Donald Trump has stated that he wants to end the federal electric vehicle (EV) credits signed into law in 2022, ...
Karma has a distinctive design, more electric range than other PHEVs, and a platform partnership with Intel. Now it needs to ...
The U.S. Postal Service signed contracts to replace tens of thousands of delivery trucks with electric vehicles. But only a ...
Related: Where you'll feel the financial impact of Trump's tariffs CONWAY GITTENS: Now, you mentioned that while sales might ...
If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a ...
PORSCHE will take an 800 million euros (S$1.1 billion) hit linked to revamping its lineup this year, further pinching the ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
Tesla now allows Mercedes-Benz EVs to use the Supercharger network, but owners will have to perform an update at the ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on ...
The Trump administration will make it harder for electric vehicle (EV)-usage to expand across the country. The administration announced it would block $5 billion in Biden-era federal funds for ...
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