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.
Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
Related: Where you'll feel the financial impact of Trump's tariffs CONWAY GITTENS: Now, you mentioned that while sales might ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
Unleashing American Energy is the title of Trump's order targeting the Biden administration’s support for EVs. That support ...
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his ...
With a Day 1 executive order involving electric vehicles, President Donald Trump seeks to upend Maryland programs to grow EV ...
Aston had previously pledged to introduce its first EV as soon as 2026, but that now definitely won’t he happening.
While recently speaking about Aston Martin’s first EV, which is set to arrive later this decade, chief executive Adrian ...
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California’s surge in EV sales has stalled — so what happens to its landmark mandate?About a quarter of all new cars registered in California in 2024 were electric cars. The flat sales follow several years of ...
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