Ford is losing boatloads of money on every electric vehicle sold [TechSpot]

One of the largest automotive companies in the world lost $1.3 billion in its EV-only business unit known as “Model e” in the first quarter. Ford’s EV division sold 10,000 cars during the three-month period of the new fiscal year, which means that the corporation lost $132,000 on every vehicle delivered to customers.Read Entire Article