Farley said the industry learned that “partial electrification,” such as hybrids, are easier for customers to accept for the time being.
How my billions did they lose to figure this out?
From a different source.
Ford's EV division lost $5.1 billion in 2024, up from $4.7 billion in 2023 and $2.2 billion in 2022, with the company anticipating similar losses in 2025. The cumulative losses for Ford's EV efforts are expected to exceed $17 billion by the end of 2025
>Farley said the industry learned that “partial electrification,” such as hybrids, are easier for customers to accept for the time being.
How my billions did they lose to figure this out?
From a different source.
>Ford's EV division lost $5.1 billion in 2024, up from $4.7 billion in 2023 and $2.2 billion in 2022, with the company anticipating similar losses in 2025. The cumulative losses for Ford's EV efforts are expected to exceed $17 billion by the end of 2025
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