Ford's Electric Vehicle Losses

This is a China news story, published by Gizmodo, that relates primarily to Mustang Mach-E. news.

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electric vehicle business

Gizmodo

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Technology

Ford Still Losing Billions on EVs, but Not All Is Lost

Summary

Nutrition label

72% Informative

Ford continues to lose a lot of money on electric vehicles like the F-150 Lightning and Mustang Mach-E.

It expects to lose even more, $5.5 billion , on EVs in 2025 .

Tesla is the only electric vehicle maker to actually start seeing profits on each vehicle.

Ford has walked back its most ambitious EV commitments more recently.

It is all sad because China ’s electric carmakers are running circles around the United States , entering Europe and markets like Brazil and Mexico with affordable electric cars that threaten the dominance of American automakers. China plowed money into the electric vehicle sector to try and make its country more influential around the world, and it seems to be working. Meanwhile, President Trump and Musk are more focused on generative AI these days , so Americans will probably have to accept a slower EV transition for the next few years and a potential diminishing in U.S. automotive influence..