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News April 25, 2024 0 comments on Ford Model-E Division Loses $1.3BN Despite 86% Surge in Q1 EV Sales

Ford Model-E Division Loses $1.3BN Despite 86% Surge in Q1 EV Sales

by Matt Wilson

Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of […]

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News March 23, 2023 0 comments on Ford has lost $6 billion during its EV ramp, and expects to lose another $3 billion this year

Ford has lost $6 billion during its EV ramp, and expects to lose another $3 billion this year

by Darryn John

Ford launched its first fully electric vehicle (EV), the Mustang Mach-E to much fanfare late in 2020. Since then the Detroit-based automaker has expanded their EV lineup to include the F-150 Lightning and E-Transit commercial […]

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News March 2, 2022 0 comments on Ford establishes separate ‘Model e’ electric vehicle division

Ford establishes separate ‘Model e’ electric vehicle division

by Darryn John

Following weeks and months of rumours, Ford Motor Co. announced on Wednesday plans to run its electric vehicle (EV) business separately from that of its internal combustion engine (ICE) unit. The new EV unit will […]

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