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, ...
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 ...
The Omoda E5 is Australia’s cheapest electric SUV, scraping in just below a revision of the BYD Atto 3 (below) as of the ...
Related: Where you'll feel the financial impact of Trump's tariffs CONWAY GITTENS: Now, you mentioned that while sales might ...
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 ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
PORSCHE will take an 800 million euros (S$1.1 billion) hit linked to revamping its lineup this year, further pinching the ...
Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
Tesla now allows Mercedes-Benz EVs to use the Supercharger network, but owners will have to perform an update at the ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
The Trump administration will make it harder for electric vehicle (EV)-usage to expand across the country. The administration announced it would block $5 billion in Biden-era federal funds for ...
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