Ford Loses Billions On Ev
Ford Loses Billions On Ev. The projected $4.5 billion loss is over twice. Detroit (ap) — ford motor co.'s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company.
Ford motor co.’s electric vehicle business will lose about $3 billion this year, following on losses of $3 billion before taxes during the past. Ford (f) said it will lose $3 billion on its sales of electric vehicles to consumers this year, but it still expects to hit the profit targets it set for this year of.