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Ford lost $5 billion on EVs in 2024, teases new models
Ford lost $5 billion on EVs in 2024, teases new models Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.5 billion on its EV business. Ford reported its fourth quarter and full-year earnings on Wednesday, beating Wall Street
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