Ford Loss $60 000 Per Vehicle On Electric Vehicles. Ford has disclosed its earnings for the first quarter of 2023, confirming that the electric vehicle division is losing money. The projections assume ev market share, vehicle model efficiencies and model sales would stay the same in 2030 as they were in 2023, an absurd assumption.
Ford has disclosed its earnings for the first quarter of 2023, confirming that the electric vehicle division is losing money. The open question is what the annual loss per vehicle will be as ev.
It Appears That Ford Model E Recorded A Loss Before Interest And Taxes Of $700 Million.
Ford sold about 12,000 electric vehicles (evs) in the first quarter of the year.
Specifically, The Blue Oval Lost Over $60,000 For Every Ev Sold In Those.
Meanwhile, ev sales only generated $700 million in revenue, compared to $1.6 billion in the last quarter of 2022.
Ford’s Numbers Work Out To A Loss Of About $32,000 Per Ev That It Sold In The Second Quarter, Compared To A Profit Of $3,200 Per Vehicle Sold By The Ford Blue.
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Ford Lost Tens Of Thousands Of Dollars Per Electric Vehicle Sold In The First Quarter Of 2023, As The Division Remained On Track For Roughly $3 Billion In Yearly.
Ford has disclosed its earnings for the first quarter of 2023, confirming that the electric vehicle division is losing money.
Is Considering Getting Rid Of The Automated Parallel Parking Feature In Its Vehicles As.
That would be a huge increase over current ev sales, which rose to 7.6% of new vehicle sales last year, up from 5.8% in 2022.
It's About $60 Per Vehicle, Another $10 Million Per Year (In Savings), Kumar Galhotra, Ford's Chief Operating Officer, Said Tuesday To Illustrate How Ford Is Making.