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.
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If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a ...
Honda provided flights from Daytona to Columbus then Washington, DC, and accommodation so Ars could visit its factories. Ars ...
Launched last September, there’s no denying that the JPJePlate, which is specifically meant for use on electric vehicles (EV) ...
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 ...
Tax exemptions and cost savings draw more to EVs, but affordability is restricted by high floor price. Read more at ...
President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
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Jeep EVs of the Future Could Include Secret Electric WinchThe patent, granted to Jeep last month, shows a gearbox that allows the front electric motor to provide power to either the front wheels or an integrated winch. In normal driving ...
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