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Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue

Sun Jul 30 , 2023
Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion. The company released its second-quarter financial results on Thursday. The U.S.-based automaker’s EV division, called “Ford Model e,” has lost $1.8 billion so […]

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