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Green Cars, Red Ink: Ford Set to Lose $4.5 Billion on Electric Vehicles This Year
Breitbart ^ | 07/31/2023 | ALANA MASTRANGELO

Posted on 07/31/2023 12:25:06 PM PDT by ChicagoConservative27

Ford Motor Company projects it will lose a staggering $4.5 billion on electric vehicles (EVs) in 2023, up from its previously predicted loss of $3 billion earlier this year.

Ford, which has recently reduced the price of its electric F-150 Lightning pickup truck, announced Thursday that the company is projected to lose $4.5 billion from EVs this year, according to a report by Fortune.

The company’s EV division, called “Ford Model e,” has already lost about $1.8 billion so far this year. The projected loss of $4.5 billion reportedly stems from slower-than-expected adoption of the new battery-powered vehicles.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: automotive; eletricvehicles; ford; green; red
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To: roadcat

LOL - Yikes - breaking = braking although breaking still fits the discussion..


41 posted on 08/01/2023 1:26:55 PM PDT by EVO X ( )
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To: EVO X
anti-snaking prevention

Don't know how that works. Snaking will happen if a load is not balanced correctly (I'm no expert, know little about best prevention). A couple friends of mine were towing their vintage car behind their truck, to go to a car show several hundred miles away. Unfortunately, snaking happened and both vehicles went off the highway and flipped over. Lots of damage but they only got bruises.

If you're going to tow, balance the load with the center of gravity in mind. Again, I don't know how software in the BMW would do anti-snaking prevention.

42 posted on 08/01/2023 6:04:58 PM PDT by roadcat
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