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By ALEX VEIGA Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
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 ...
India’s electric car market surged by 20% in 2024, with notable growth from JSW MG Motor selling 21,484 EVs, driven by the ...
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
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Hosted on MSNFord Knows Electric Vehicles Can't TowFord doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward. CEO Jim Farley ...
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
Presto, an electric vehicle charging platform, said it has raised $15 million in funding from Union Square Ventures, ...
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
Ford's electric vehicle division is working to development cost improvements as the company continues to invest in future ...
The French motorway company Vinci Autoroutes wants to test inductive charging of electric vehicles while driving on a 1.5 km ...
French freight forwarder Ceva Logistics is expanding its fleet with 23 battery-electric trucks. These are intended to help ...
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