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.
Scout Motors' plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A ...
Tesla now allows Mercedes-Benz EVs to use the Supercharger network, but owners will have to perform an update at the ...
Related: Where you'll feel the financial impact of Trump's tariffs CONWAY GITTENS: Now, you mentioned that while sales might ...
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 ...
Unleashing American Energy is the title of Trump's order targeting the Biden administration’s support for EVs. That support ...
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
Tax exemptions and cost savings draw more to EVs, but affordability is restricted by high floor price. Read more at ...
Volvo Car Malaysia (VCM) has announced that it sold 1,953 vehicles last year, which is less than what was recorded in the ...
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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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