Ford Sees Electric-Vehicle Losses Growing To $3 Billion In 2024
Ford Sees Electric-Vehicle Losses Growing To $3 Billion In 2024. Ford will have lost $6 billion on evs over three years but believes it can reach profit margins of 8% on evs and 10% companywide by the end of 2026. In total, the automaker is forecasting overall operating profits of $9 billion to $11 billion …