Ford $1.3 Billion Loss Electric Vehicles 2024. Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months. Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months.
The popular carmaker’s electric vehicles department operated at significant losses throughout the first half of its fiscal 2024. Ford motor company reported significant losses from electric vehicle sales in the first quarter of 2024, with their ev unit losing $1.3 billion overall.
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