The US automotive group Ford once again recorded a hefty loss in its Model e division in last year. At $5.1 billion, it was ...

and said the first affordably priced vehicle from that team will be a mid-sized electric pickup arriving in 2027. While Ford is not rolling out new EVs in the coming year, a contrast to General ...

It lost $5.1 billion in 2024 and estimates it'll lose even more this year. Electric vehicles are still generally unprofitable ...

"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.

Ford’s F-150 Lightning is losing ground in the US with new electric pickups like the Tesla Cybertruck and Chevy ...

and said the first affordably priced vehicle from that team will be a mid-sized electric pickup arriving in 2027. While Ford is not rolling out new EVs in the coming year, a contrast to General ...

The automaker has a plan to catch up to rivals rolling out high-performing, affordable electric vehicles. But first, it has ...

is now general manager of Ford Model e, reporting to Frick. Hart was a key member of Team Edison, which developed and launched the popular Mustang Mach-E and F-150 Lightning. “The Model e team will ...

Ford initially planned a $3.5 billion investment and 2,500 jobs by March 2027, but it was dialed back because of slower than expected EV demand ... the best possible team to lead this advanced ...

Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...