Ford to lose $3bn making electric cars

Ford to lose $3bn making electric cars

Yahoo - Autos·2023-03-23 21:02

Ford Motor Company's electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan - JEFF KOWALSKY/AFP via Getty Images

Ford expects its electric car business to lose $3bn (£2.4bn) this year as it ratchets up spending on new models and the factories to build them.

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