How Much Money Did Ford Lose On Electric Vehicles. Ford is losing money on electric vehicles, but saving money on emissions fines. Ford’s electric vehicle business lost $2.1 billion in 2022 and has projected $3 billion in losses for 2023, according to a new financial reporting structure unveiled thursday morning.
By camila domonoske (npr) aug. In fact, ev sales in the united states hit a.
In 2022, Ford Made 61,575 Electric Vehicles, Resulting In A Loss Of About $34,000 On Every Electric Vehicle It Sold Last Year.
It also expects to lose about $5 billion on its push to make.
On The Revenue Side, The Sales Of Electric Vehicles, Amounted To $700 Million In The First Three Months Of The Year, Is Less Than Half Of The $1.6 Billion In Revenue.
Ford says its ev business will keep losing.
Meanwhile, Ford Projects $10.5 Billion (Us$7 Billion) In Earnings Before Interest And Taxes) From Its Ford Blue Internal Combustion Engine Division, And Around $9 Billion (Us$6.
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In 2022, Ford Made 61,575 Electric Vehicles, Resulting In A Loss Of About $34,000 On Every Electric Vehicle It Sold Last Year.
Ford’s ev business continues to lose money, around $1.3 billion this past quarter in adjusted earnings.
In The Last Quarter Of 2023, Ev Sales Were Up 40% From The Same Quarter A Year Before, According To Cox Automotive.
Mar 23, 2023, 7:54 am pdt.