Ford finances steep EV loss with US$10 billion in legacy ICE vehicle profits

April 26, 2024, 07:24:31

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Started by Redaktion, March 23, 2023, 15:57:23

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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.

https://www.notebookcheck.net/Ford-finances-steep-EV-loss-with-US-10-billion-in-legacy-ICE-vehicle-profits.702941.0.html

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