"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
It lost $5.1 billion in 2024 and estimates it'll lose even more this year. Electric vehicles are still generally unprofitable ...
Jim Farley was also critical of large EVs in general, saying they have "unresolvable" problems due to weight and high battery ...
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 ...
The automaker has a plan to catch up to rivals rolling out high-performing, affordable electric vehicles. But first, it has ...
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
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.
3 天on MSN
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
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.
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 ...
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