Monday, August 7, 2023

Ford pushes back EV target, warns of wider losses due to slower-than-expected adoption

Ford pushes back EV target, warns of wider losses due to slower-than-expected adoptionHistory teaches us that an automaker like Ford with the fixed expenses of factories and workers capable of cranking out millions of vehicles a year need to have competitive vehicles in every market sector to profit from those factories and workers. Ford used to have that ability and lost it... You can get away with that when your a smaller manufacturer in the most profitable market sectors like Porsche, and even they get help from massive VW Group.Mon, 07 Aug 2023 13:14:59 +0000

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