Ford is losing boatloads of money on every electric vehicle sold

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...
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