Published 1 year ago

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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Pittsburgh Post-Gazette

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

DETROIT — Ford Motor Co.'s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this...

1 year ago·Pittsburgh, United States

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Omaha World-Herald

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

Ford Motor Co.'s electric vehicle business lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology, the company reported Thursday.

1 year ago·Omaha, United States

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Salem News

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

DETROIT (AP) — Ford Motor Co.'s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology.

1 year ago

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13 News Now

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

Chief Financial Officer John Lawler said Model e should be viewed as a startup company within Ford.

1 year ago·Norfolk, United States

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The Daily Citizen

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

DETROIT — Ford Motor Co.'s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology.

1 year ago·Dalton, United States

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