Ford looks to future EV breakthroughs — and smaller cars — to staunch the bleeding

Apr 25 2024 by The Verge

 
Image: Ford

Ford is the No. 2 seller of electric vehicles in the US. It’s very proud of that fact, but the amount of cash it had to burn to get there is enough to make you wonder whether it can keep that title.

The company reported its first quarter earnings last night, and woo boy, it’s rough

The company reported its first quarter earnings last night, and woo boy, it’s rough. Ford said it lost $1.3 billion on the sale of 10,000 electric vehicles in the first three months of...

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