Ford pushes back EV target, warns of wider losses due to slower-than-expected adoptionFord is getting 10% margins with 2 shifts at some plants. If they're only running one shift that's a problem but this is a transition time with BEVs and there are still parts shortages.
They absolutely do not need to build and give away vehicles just to keep a 3rd shift going if there isn't much profit to be had.Mon, 07 Aug 2023 14:02:19 +0000
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