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Ford EV Business Stalls & Amazon One Arrives | 8.5.23
Morning Wire
Ford's Electric Vehicle Division Losses 4.5 Billion Dollars This Year
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Ford said its all-electric vehicle division called Ford Model E has already lost more than 2.8 billion in the first two quarters of this year. That's about $32,000 loss for every EV Ford has sold. Some experts say it will take about 100,000 cars sold to even start turning a profit on a new model.
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