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Ford projects mounting EV losses for 2025
Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
Ford Motor 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 in
Ford projects mounting EV losses for 2025, Q4 profit up
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it reported a net profit of $1.8 billion, up from a loss of $500 million in the year-ago quarter as pension-related costs weighed on results.
Ford Stock Slides amid $5.5B EV Loss Forecast for 2025
Ford Motor (F) stock declined 4.5% in yesterday’s after-hours trading despite reporting better-than-expected Q4 results. The drop came after
Toyota plans EV, battery push in China and U.S
Toyota to build new Lexus EV plant in Shanghai
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly-owned Shanghai EV plant
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Toyota plans EV, battery push in China and U.S. amid quarterly profit surge
The push comes as worries grow about a potential trade war brewing after President Donald Trump imposed tariffs on China and China retaliated.
TopSpeed
7h
Despite Uncertainty, 2025 Could Be The Year Of EVs
A curveball is thrown at the future of electric vehicles every now and then, but it looks like 2025 could be the breakout ...
Electrek
16h
Honda and Nissan’s $60 billion EV partnership plans are already falling apart
The landmark EV merger, which would create the world’s third-largest automaker, may not happen after all. Honda and Nissan’s ...
12h
Ford's gas vehicles head to take on expanded role of leading EV unit
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
8d
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
15h
on MSN
Other EV Companies Ditched Dealers. Polestar Is All-In On Them
Lohscheller took the top job during a tough time for Polestar. The brand, owned by China's Geely Holding Group, has endured ...
10h
Bay Area researchers discover longer battery life in EVs
We have a look under the hood at a study that's generated a lot of buzz for people considering an electric vehicle. Bay Area ...
Hosted on MSN
28m
Why Leasing Is Becoming More Popular Among EV Buyers
Leasing is a more affordable way to dip your toes into all-electric transportation, but the benefits don't stop there. Let's dive in.
The Diplomat
4h
Shifting Gears: China’s Advanced EV Hegemony in Central Asia
Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...
Institute for Energy Research
2d
EV Owners Avoid Federal Transportation (“Road”) Tax that ICE Vehicles Pay
The federal government and almost all states have gasoline and diesel taxes to help pay for transportation projects and ...
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