Losing Money On Electric Cars. Ford has just released its first quarter results. Updated august 12, 2023 10:12 am et originally published august 11,.
In the last quarter of 2023, ev sales were up 40% from the same quarter a year before, according to cox automotive. Ford, too, is losing money on its current evs, which helps explain what’s happening to the lightning.
So Far This Year, Ford Has Lost $3.1 Billion On Its Ev.
A 2020 cr study found that evs cut repair and maintenance costs by 50 percent over similar gas cars.
That Was 50 Percent Higher Than In 2022.
After electric car sales soared in 2022, interest among buyers has underwhelmed and plans for a rapid transition away.
In Fact, Ev Sales In The United States Hit A Record Last Year, Topping 1 Million.
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That Was 50 Percent Higher Than In 2022.
By camila domonoske (npr) aug.
The Cheapest Version, The Pro, Sells For $50,000.
Updated august 12, 2023 10:12 am et originally published august 11,.
But Right Now, The Auto Industry, While It's Making A Heck Of A Lot Of Money, Isn't Boring, And It Sure Isn't Predictable, Especially As There's This Giant Shift To Electric.