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.
Tesla now allows Mercedes-Benz EVs to use the Supercharger network, but owners will have to perform an update at the ...
Unleashing American Energy is the title of Trump's order targeting the Biden administration’s support for EVs. That support ...
Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
The 2023 figure of 13,301 vehicles was a 325 per cent rise from the low baseline figure in 2022, when Malaysia’s government introduced a host of tax exemptions to make switching to EVs more ...
With a Day 1 executive order involving electric vehicles, President Donald Trump seeks to upend Maryland programs to grow EV ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
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 ...
New information from Ford shows that the road to electric vehicle profitability is filled with potholes. Ford has projected ...
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