"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
Jim Farley was also critical of large EVs in general, saying they have "unresolvable" problems due to weight and high battery ...
It lost $5.1 billion in 2024 and estimates it'll lose even more this year. Electric vehicles are still generally unprofitable ...
3 天
TopSpeed on MSNFord Developing EREVs Amid Electric Truck UncertaintyGiven the outlay required to bring the Mach-E and Lightning to market as well as these vehicles’ less-than-stellar sales, profitability in the electric market is going to be tough for the automaker.
The automaker has a plan to catch up to rivals rolling out high-performing, affordable electric vehicles. But first, it has ...
2 天on MSN
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
1 天
AutoGuide on MSNFord Knows Electric Vehicles Can't TowFord doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...
Ford is on deck to report results for the fourth quarter and the full year, with a focus on taming rising costs and what’s ...
Three years after launching the all-electric F-150 Lightning, Ford CEO Jim Farley has acknowledged the limitations of electric trucks, particularly when it comes to towing and long-distance hauling.
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