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Ford says EV unit losing billions, should be seen as startup

Summary by Ground News
Ford Motor Co.'s electric vehicle business has lost $3 billion before taxes during the past two years. The figures were released as Ford rolled out a new way of reporting financial results. The new business structure separates electric vehicles, the profitable internal combustion and commercial vehicle operations into three operating units.

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Bias Distribution

  • 67% of the sources are Center
67% Center
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Omaha World-Herald broke the news in Omaha, United States on Thursday, March 23, 2023.
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