ViewFord Motor Co. expects to lose $3 billion in its electric vehicle business this year as the company struggles to transition into the EV market.
In an investor conference call Thursday, Ford CFO John Lawler said the new business model should be viewed as a startup company.
"As everyone knows, EV startups lose money while...
Ford projects to lose $3 billion on EV business in 2023
Newsy
0 shares
1 views
You might like
Related news coverage
Ford Projects $3 Billion Loss on EV Business for 2023
Upworthy
Ford Motor Co. expects to lose about $3 billion on its electric-vehicle business this year, a reminder of how far traditional auto..