Given the outlay required to bring the Mach-E and Lightning to market as well as these vehicles’ less-than-stellar sales, profitability in the electric market is going to be tough for the automaker.
The report released Thursday shows a loss of $1.4 billion on 37,000 vehicles in its Model-e section for the fourth quarter of last year, bringing its total losses on EVs to $5.1 billion in 2024. The ...
Ford has begun planning a series plug-in hybrid system for use in SUVs and its largest Super Duty heavy-duty pickup trucks, Bloomberg reported Tuesday.
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