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, ...
Based in the tiny town of Sospiro, Italy, coach builder and fabricator Caselani takes modern Citroen products and clads them ...
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 ...
PORSCHE will take an 800 million euros (S$1.1 billion) hit linked to revamping its lineup this year, further pinching the ...
Related: Where you'll feel the financial impact of Trump's tariffs CONWAY GITTENS: Now, you mentioned that while sales might ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
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 ...
Unleashing American Energy is the title of Trump's order targeting the Biden administration’s support for EVs. That support ...
Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
California’s push to electrify its cars is facing a potentially serious problem: People aren’t buying electric cars fast enough.
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