$536,000

FORD lost $536,000 an hour for the last year on EVs.

There is more bad news for electric vehicle manufacturers. After declaring its annual results a success, Ford has revealed that it incurred a loss of $4.7 billion on its electric vehicle range, more than the $4.5 billion the company predicted in the middle of last year. The company’s annual summary states: Ford Model e’s wholesales and revenue …

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