How Much Does Ford Lose On Each Electric Vehicle Rebate. Ford sold 12,000 electric vehicles in the quarter, spending $60,000 more per car than its average selling price. Ford's ev sales grew a sizable 41% during the first quarter to 10,866 evs, and its model e segment lost $722 million in adjusted.
Ford motor co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin. More worrying, ford posted losses of $722 million on its ev business, model e.
Ford's Ev Sales Grew A Sizable 41% During The First Quarter To 10,866 Evs, And Its Model E Segment Lost $722 Million In Adjusted.
By sean tucker 12/07/2023 8:08am.
If You Buy It After, You Probably.
So far this year, ford has lost $3.1 billion on its ev spending and has said it’s going to lose a total of $4 billion for the year.
The Company Forecasts $16 Billion In Ebit From Its Traditional And Commercial Vehicle Segments Combined, More Than Enough To Offset The Projected $4.5 Billion Loss.
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That Number Comes Via Insideevs, Which Notes That:
In the first quarter 2023, ford sold 10,866 electric vehicles for a loss of $66,446 on every electric vehicle it sold.
Going Electric Comes At A Cost.
For perspective, ford lost the equivalent of a.
Ford's Ev Sales Grew A Sizable 41% During The First Quarter To 10,866 Evs, And Its Model E Segment Lost $722 Million In Adjusted.