"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.

The ProMaster EV electric cargo van undercuts Rivian and Mercedes and offers significantly more range than the Ford E-Transit for a little more money.

Ford Motor Co. announced its fourth-quarter earnings this week, and while they came in above expectations, the Detroit automaker signaled the losses in its electric vehicle (EV) division are ...

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, either ...

Ford Motor F.N 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 ...

Ford's EV losses include significant investment in future models, and it is also increasing volume while cutting costs by USD 1.4 billion, said Sherry House, Ford's incoming chief financial officer.

Your browser does not support the audio element. Ford has confirmed it is developing range-extender hybrids to grab a larger share of electrified car sales after ...