Ford is losing boatloads of money on every electric vehicle sold

A hot potato: Turning a substantial part of the automotive industry into an EV-only affair will likely take some time. Despite investing a significant amount of money into research and development, ... Read More

Ford is losing a lot of money in electric cars — but CEO Jim Farley is charging ahead

LAS VEGAS, Nev. — Jim Farley, the CEO of Ford, was pulling a U-turn in an electric vehicle. The reason? An elusive charging station. "Where's the charger? This is always what happens to me," he said ... Read More

Ford is losing $50k per EV - but its profits have plunged for another worrying reason

Shares of Ford tumbled Thursday after the automaker's profits badly missed Wall Street's expectations. A major reason for this was that it spent more than $2 billion in just three months fixing ... Read More

Electric Cars Are Cheaper Now: Why Prices Plummeted and What It Means For You

Electric cars have long been seen as a luxury option for eco-conscious drivers, but that may soon change. According to a recent report by CarEdge, the average price of an electric car in the US has ... Read More

Ford to drop up to 1,000 jobs at German plant as demand for electric cars in Europe lags forecasts

Ford Motor Co. said Tuesday it would cut up to 1,000 jobs at its electric auto plant in Cologne, Germany due to lower than expected demand for battery-powered cars ... Read More