Ford doubles down on EVs despite heavy losses in Q1

Ford is doubling down on electric vehicles (EVs) despite the fact that its Model e unit reported heavy losses in the first quarter. Ford’s EV unit, called the Model e, reported plunged revenues of up to 84% to nearly $100 million in the first quarters. The legacy automaker attributed most of its revenue pound to … Continue reading Ford doubles down on EVs despite heavy losses in Q1