English => News => Topic started by: Redaktion on March 23, 2023, 15:57:23
Title: Ford finances steep EV loss with US$10 billion in legacy ICE vehicle profits
Post by: Redaktion on March 23, 2023, 15:57:23
Ford unveiled a new financial reporting strategy that separates its legacy Ford Blue automotive business from the Model E EV and batteries division. Ford lost more than US$2 billion on electric cars last year, but the loss was offset by $10 billion in profits from legacy vehicles.