Ford $1.3 Billion Loss Electric Vehicles 2024. Ford’s electric vehicle (ev) division, known as model e, faced a tough start to 2024. Ford motor company reported significant losses from electric vehicle sales in the first quarter of 2024, with their ev unit losing $1.3 billion overall.
It reported a quarterly loss of $1.32 billion. Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months.
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