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Ford Lost Another $58K For Every EV Sold In Third Quarter, Or $1.2 Billion

Ford Lost Another $58K For Every EV Sold In Third Quarter, Or $1.2 Billion

Stu Turley's avatar
Stu Turley
Oct 30, 2024
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Energy News Beat
Energy News Beat
Ford Lost Another $58K For Every EV Sold In Third Quarter, Or $1.2 Billion
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Ford

Ford’s $1.2B Q3 loss in EVs brings its 2024 hit to $3.7B, with demand struggles, high costs, and charging issues still dogging the EV push.

The ugly EV news from Ford Motor Company just keeps coming. This afternoon, the company reported that it lost $1.224 billion in its EV business during the third quarter. In early October, the company reported EV sale…

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