"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to ...
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...
Ford CEO Jim Farley did not mince words while explaining some of the drawbacks of very large, fully electric SUVs and trucks. During Ford’s fourth-quarter 2024 earnings call on Wednesday ...
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
The economics just don't work right now, he said.
Extended-range electric vehicles will be essential to the American market, Ford CEO Jim Farley said on the company's earnings ...
Jim Farley was also critical of large EVs in general, saying they have "unresolvable" problems due to weight and high battery ...
Ford will continue to temper its EV infrastructure investments and focus on commercial offerings, like the popular E-Transit van. Bottom line, it's still early for electric vehicles — and ...
Ford has opened the MY2025 F-150 Lightning order banks to dealers, and the bad news is that the new model comes with ...
Given 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.