Ford reported its first-quarter financials for 2023, showing that the losses at its 'Model e' EV division are widening. Specifically, the Blue Oval lost over $60,000 for every EV sold in those three ...
Ford's Model e EV division reported a net revenue of around $100,000,000 in the first quarter. Adding in expenses, though, the Blue Oval's EV arm lost $1.3 billion for the quarter. Ford largely blames ...
As we continue to cover electric vehicles and the companies that produce them, Ford was up on deck as one of the companies in the EV field through its Ford Model e division. Unfortunately, Ford didn’t ...
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