Ford lost $5 billion on its EV business in 2024—and things could …

1 day ago  · Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties …


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Ford Lost $5 Billion On Its EV Business In 2024—and Things Could …

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1 day ago  · Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties …

fastcompany.com

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Ford Says It Will Lose Billions On Electric Cars In 2025 - Motor1.com

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It lost $5.1 billion in 2024 and estimates it'll lose even more this year. ... General Motors said it's finally starting to make some money with electric cars. Ford's Model e division, responsible ...

motor1.com

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Ford Lost $5 Billion On EVs In 2024, Teases New Models

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2 days ago  · Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it …

theverge.com

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Ford’s EV Losses Hit Billions In 2024, Is The Worst Yet To Come?

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1 day ago  · Ford closed 2024 with staggering losses from its electric vehicle business, shedding $5.1 billion—an increase from the $4.7 billion lost in 2023. 2025 doesn’t look much better, …

autoblog.com

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Ford Still Losing Billions On EVs, But Not All Is Lost - Gizmodo

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1 day ago  · Its electric vehicle business, however, lost $5.1 billion, even worse than its loss of $4.7 billion the year prior. It expects to lose even more, $5.5 billion, on EVs in 2025.

gizmodo.com

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Ford Beat Q4 2024 Earnings, But Its EV Losses Continue To Pile Up

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2 days ago  · Its Model e EV business lost $5.1 billion last year. In the fourth quarter, Ford lost about $37,000 on every electric vehicle it sold. Ford Q4 2024 Model e electric vehicle unit …

electrek.co

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Ford's EV Challenges Continue: $5.5 Billion Loss Expected In 2025

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2 days ago  · The company projected lower earnings before interest and taxes of $7.0 billion to $8.5 billion for 2025. It met its annual guidance for 2024 after narrowing it late last year, …

usatoday.com

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Ford Projects Mounting EV Losses For 2025, Q4 Profit Up

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2 days ago  · Ford projects up to $5.5 billion EV losses for 2025 Tariffs on Mexico, Canada could impact Ford's costs Ford's Q4 revenue beats analyst expectations DETROIT, Feb 5 (Reuters) …

reuters.com

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Ford Loses Over $5 Billion On EVs In 2024 - Yahoo Autos

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1 day ago  · Even though everyone was told for years that “electrification is the future” it seems for Ford the near future is all about internal combustion engines. Once again, the American …

yahoo.com

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Ford Is Losing Billions Building EVs - AutoGuide.com

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Jun 20, 2024  · In the first quarter of 2024, Ford's EV business posted a loss of $1.32 billion–equal to the GDP of a small ... Ford anticipates that Model e unit losses could reach up to $5.5 billion ...

autoguide.com

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Ford Tops Q3 Earnings, But EV Losses Weigh On Profits - Electrek

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Oct 28, 2024  · After losing another $1.1 billion on its Model e business, Ford’s EV losses reached $2.5 billion through the first half of 2024. Ford expects EV losses to reach between $5 billion …

electrek.co

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Ford Loses Over $5 Billion On EVs In 2024 - MSN

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Just during the fourth quarter of last year, Ford’s electric vehicles lost the company $1.39 billion. Total net income for the company during Q4 was $1.8 billion, per CNBC.Imagine what it could ...

msn.com

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Ford's Small EV Move Could Pay Off Big | The Motley Fool

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Oct 5, 2024  · Ford's EV business is expected to lose as much as $5.5 billion in 2024, and will remain a focus for investors. ... is expected to lose up to $5.5 billion in 2024 alone. Ford has …

fool.com

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Ford Is Losing More And More Money With EV Business

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Apr 29, 2024  · Ford can hardly afford it, but we’ll see soon enough. The Model e division’s current outlook for 2024 is a loss of more than $5 billion, which would beat the $4.7 billion lost in all of …

guideautoweb.com

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Ford EV Losses Projected To Hit $5.5 Billion This Year

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2 days ago  · Source: YouTube Ford Motor Company announced on Wednesday that it expects to incur up to $5.5 billion in losses from its electric vehicle (EV) and software operations in 2025. …

thecapitalist.com

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Ford Just Lost Billions Of Dollars On EVs. Here's Why That's Good …

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Jan 6, 2024  · A record 2023 for Ford's EV business unit might mean ... Ford Just Lost Billions of Dollars on EVs. ... would lose roughly $4.5 billion in 2023. Management believes Ford will …

fool.com

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Ford Just Lost Billions Of Dollars On EVs. Here's Why That's Good …

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Jan 6, 2024  · In fact, Ford previously estimated its EV business unit, Model e, would lose roughly $4.5 billion in 2023. Management believes Ford will bring costs down enough and accelerate …

yahoo.com

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Ford Tops Revenue Targets, But EV Losses Drag Down Profits

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Oct 29, 2024  · The company projects that it will post a $5 billion loss with its Model e business unit in 2024, which falls at the lower end of the $5 billion to $5.5 billion projections. Ford’s …

dealershipguy.com

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Ford Loses Over $5 Billion On EVs In 2024 - The Auto Wire

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2 days ago  · Ford has revealed it lost over $5 billion in 2024 on its EV division, while ICE models and fleet sales carried the company. Skip to content ... Ford’s electric vehicles lost the …

theautowire.com

FAQs about Ford lost $5 billion on its EV business in 2024—and things could … Coupon?

Why did Ford lose EV business?

Gains from its gas-powered vehicle sales helped offset net losses from an unprofitable EV business. In total, Ford generated $185 billion in revenue for the year, its highest ever, but its EV segment, Model e, lost approximately $37,000 on every electric vehicle sold in the fourth quarter alone, Electrek reported. ...

How did Ford perform in Q4 2024?

Ford managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 billion year-over-year. Gains from its gas-powered vehicle sales helped offset net losses from an unprofitable EV business. ...

Why did Ford cancel a three-row electric SUV in 2024?

Elsewhere, Ford canceled a three-row electric SUV in 2024 after realizing the math wasn't working in its favor. This move cost the company $1.9 billion. The large EV with an estimated 350-mile range was supposed to come out this year before it was delayed until 2027 and subsequently scrapped. ...

Will Ford be able to stay competitive in 2027?

The multi-energy architectures will allow Ford to respond quickly to shifting market trends. However, Bloomberg reports that the cheaper EVs and EREVs will not hit the market until 2027, so staying competitive in the next couple of years will be difficult. Source: Ford It lost $5.1 billion in 2024 and estimates it'll lose even more this year. ...

How much did Model E lose in 2024?

While detailing its financial results for 2024, the Blue Oval admitted it incurred a full-year EBIT (earnings before interest and taxes) loss of $5.1 billion. Things could be even worse this year, as the Dearborn automaker predicts Model e will report a loss of $5 billion to $5.5 billion. ...

Will hybrid EVs stabilize Ford's losses?

Despite ongoing challenges, Ford is betting on a mix of hybrid and extended-range EVs to stabilize its losses. Given the growing affinity among American drivers for mixed-powertrain vehicles, that approach might just work, but Ford has a long way to go. ...

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