Ford Hemorrhages Another $1.2 Billion On EVs As Market Struggles Continue

Ford Motor Co. posted an additional $1.2 billion in losses related to electric vehicles (EVs) in the third quarter, according to a press release Monday. The company’s net income also fell to $900 million, down $300 million from Q3 2023. According to Go to press release. The loss was primarily due to EV-related costs of […]