CleanTechnica•10 days ago
Farley Follies Foil Ford F-150 Lightning Plans
Key Takeaway
Ford's substantial EV losses highlight the ongoing financial challenges in the electric vehicle market, prompting developers and large power consumers to reassess the pace of electrification and related infrastructure investments.
AI Summary
- •Ford's electric vehicle division, particularly the F-150 Lightning, is experiencing significant financial losses, impacting overall company earnings.
- •This signals a challenging and potentially slower-than-anticipated path to profitability for major automotive OEMs in the electric vehicle market.
- •Developers and large power consumers should factor these financial headwinds into their forecasts for fleet electrification rates and associated charging infrastructure and grid upgrade planning.
Topics
financingoem
Article Content
The news about electric vehicles from Ford this week is dire, including taking an enormous loss against earnings this quarter. The post Farley Follies Foil Ford F-150 Lightning Plans appeared first on CleanTechnica .