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Ford Confident EV Unit Will Become Profitable

Model e, Ford’s dedicated EV unit, is a start-up “embedded” within the automaker, Chief Financial Officer John Lawler says.

United statesJohn lawlerCarlos tavaresCathy ocallaghanFord modelBlueoval cityFord blueFord proController cathyo callaghan

Ford Expects $3B Loss on Tax-Subsidized EV Venture in 2023

Michigan taxpayers bet $1.6 billion in subsidies on Ford s new EV battery plant in Marshall, but Ford expects to lose $3 billion on its EVs this year.

United statesJohn mozenaScott mcclallenJohn lawlerCathy ocallaghanCenter squareFord motor companyFord expectsEconomic accountabilityKelley blueFord blueFord modelFord proController cathyo callaghan

Ford investing billions in bet on electric vehicles

Ford announced it will spend billions on the technology to build electric vehicles as it believes 40% of its global sales will be battery-powered.

South koreaCathy ocallaghanAssociated pressVice presidentController cathyo callaghanMustang machதெற்கு கொரியாதொடர்புடையது ப்ரெஸ்துணை ப்ரெஸிடெஂட்மஸ்‌ட்யாஂக் மச்

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