Ford Takes Bottom-Line Hit on EVs

But loss is step toward profitability soon, it predicts.
But loss is step toward profitability soon, it predicts.
Many Americans would consider such models for their next vehicle purchase.
Analysts differ on the reasons and therefore whether drop will last.
The automaker predicts over 50% of its sales will be electric vehicles before 2030.
Tax credit change that requires EVs be assembled in North America cited for the surge.
J.D. Power study says BEV recalls are major factor in first decline in decades.
Resulting deal could make European battery components OK for federal break’s eligibility.
Production increased on popular models as it looks to boost its electrified market share.
Several signal headwinds are rocking their plans as they compete with much bigger rivals in uncertain conditions.
NHTSA will decide if 9 million older cars must be retrofitted to match newer models.
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