Ford Lost Over $100,000 Per EV In Q1 Now It’s Reportedly Cutting Battery Orders

Discover the latest developments in Ford's electric vehicle business as it navigates challenges and opportunities in the EV market. In Q1, Ford faced significant losses per EV built, prompting the company to reassess its battery orders and short-term plans. Join us as we delve into Ford's partnerships with key battery suppliers, its decision to delay certain EV projects, and its cost-cutting measures to address EV demand concerns. We'll also explore Ford's strategy for introducing a sub-$30,000 entry-level EV and CEO Jim Farley's insights on profitability and market opportunity in the electric vehicle sector. #FordEV #ElectricVehicles #BatterySuppliers #FordStrategy #EVMarket #JimFarley
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credits to - insideevs.com

[@paulcanon5533]

No EV for me. Thank you.

[@EB-vs3oo]

The only battery pack I need if my drill

[@joewoodchuck3824]

I thought they stopped EV production a while ago. These companies need to pay attention to what consumers actually want by asking them. Hint: no one wants EVs.