Ford is losing boatloads of money on every electric vehicle sold
Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. A hot potato: Turning a substantial part of the automotive industry into an EV-only affair will likely take some time. Despite investing a significant amount of money into research and development, some carmakers are still losing a hefty sum on every EV model they sell. One of the largest automotive companies in the world lost $1.3 billion in its EV-only business unit known as “Model e̶...