What it all means Ford's Model e division, responsible for its EVs, is expected to lose up to $5.5 billion in 2024 alone. Ford has pulled back on roughly $12 billion in EV investments and projects.

Ford EV will compete with the best in the world, says exec Ford's electric vehicle division, Ford Model e, lost $5.1 billion in 2024. That was an increase from the $4.7 billion it lost in 2023.

Ford’s CEO Jim Farley offered more details about the automaker’s entry-level EV, which is expected to start at $30,000 and be profitable within 2.5 years.

Ford appears to be switching gears. The automaker’s CEO Jim Farley recently teased plans to improve growth, notably with a smaller EV platform.

Ford is reducing its EV spending by $12 billion and canceled a big electric sport-utility vehicle as it pivots to smaller, more affordable EVs coming in 2027. Nissan said in March it is looking to ...

Ford is making a $1 billion push toward EVs in Europe by 2030, and a vehicle due in 2023 and based on VW's MEB platform is an important first step in that, for example. Its planned investment by ...

Ford’s CEO Jim Farley confirmed its second-gen EVs are “deep in development” almost a year ago. This includes Ford’s next-gen electric pickup, a follow-up to the F-150 Lightning.

Now, Ford has extended the offer through March 31, 2025, for anyone who buys a 2024 or 2025 model year of one of its three EV offerings: the Mustang Mach-E, F-150 Lightning, or E-Transit Cargo Van.

DETROIT — Ford Motor Co. CEO Jim Farley declared last week that the 2022 F-150 Lightning was "just the beginning of a whole new era at Ford." That new era may eventually mean an all-electric ...

Ford Lightning falls behind in aging EV lineup It’s been almost three years since the first F-150 Lightning models rolled out of Ford’s Rouge Electric Vehicle Center in Dearborn, Michigan.

Ford aims big According to Jim Farley, Ford is on track to become the second biggest EV player in the U.S. by the end of 2023, second only to Tesla.

Bill Ford, executive chairman of the Ford Motor Company, talks during the official launch of the Ford F-150 electric truck at the Rouge Electric Vehicle Center, April 26, 2022, in Dearborn, Mich.