Here's the Staggering Amount of Money Ford Loses on Each EV It Makes
In Ford's ambitious push into EVs, the company is losing a staggering amount on each vehicle.Unless investors have closed their eyes and covered their ears, they've likely heard that electric vehicle (EV) sales growth in the U.S. market has slowed to a crawl. That's become a big headache for major automakers such as Ford Motor Company (F -0.04%), which had planned to invest billions of dollars into its EV segments and battery factories.The news gets a little worse, as a recent report just noted the staggeri ...