"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Jim Farley was also critical of large EVs in general, saying they have "unresolvable" problems due to weight and high battery ...
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
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.
Sakha puts on a smile as the Raptor’s tank begins to fill but soon he’s looking back nervously at the pump as the price continues to rise. When the price hits $71 with only 15 gallons in the tank, his ...
The automaker has a plan to catch up to rivals rolling out high-performing, affordable electric vehicles. But first, it has ...
Extended-range electric vehicles will be essential to the American market, Ford CEO Jim Farley said on the company's earnings ...
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
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 ...
With dwindling passenger car sales for hydrogen fuel cells, the technology is now looking like a non-starter for heavy-duty ...
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...