RV_ Posted March 24, 2023 Report Share Posted March 24, 2023 Excerpt: "Ford Model e is an EV startup within Ford," he said. "As everyone knows, EV startups lose money while they invest in capabilities, develop knowledge, build volume, and gain share." Those mounting losses will come as Ford continues to invest in ramping up EV production numbers. The company is planning the construction of two new battery-cell factories in Kentucky and a third in Tennessee, along with the $3.5 billion lithium-iron-phosphate battery plant it will build in Marshall, Michigan." Much more in the article here: https://www.msn.com/en-us/autos/news/ford-says-it-will-lose-3-billion-on-evs-this-year-but-sales-are-rising/ar-AA18ZxeT Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
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