Ford $1.3 Billion Loss Electric Vehicles 2024

Ford $1.3 Billion Loss Electric Vehicles 2024. Ford's model e ev division reported a net revenue of around $100,000,000 in the first quarter. The unit reported a staggering loss of $1.3 billion for the first quarter , equating to a loss of $132,000 for each of the 10,000 evs it sold.

The unit reported a staggering loss of $1.3 billion for the first quarter , equating to a loss of $132,000 for each of the 10,000 evs it sold. In a new memo, ford asked suppliers about ideas to cut ev costs after its model e unit continued to bleed billions in q1.