photo 1971 Ford Pinto
the staff of the Ridgewood blog
Detroit MI, in a blow to its electrification ambitions, Ford Motor Company has reported a projected $4.5 billion loss from its electric vehicle (EV) division in 2025 — up sharply from last year’s $3 billion estimate. Over the past three years, Ford has lost close to $15 billion on EVs, raising eyebrows across the auto industry and among investors.
