Automaker Ford estimates its electric vehicle division will lose $4.5 billion this year, $1.5 billion more than it predicted in March.
Fortune said Ford’s revised forecast comes from a sluggish receptiveness by consumers to the new battery-powered vehicles.
So far this year, Ford’s EV division has shed nearly $1.8 billion, Fortune reported.
Ford now also estimates … More
This entry was posted
on Friday, July 28th, 2023 at 8:17 pm and is filed under Auto Misc., Automobile, Business news, Drag Racing, Electric Vehicles, Trucks, Video - general.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.