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Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
FFord Motor(F) New York Post·2025-02-06 00:06

Ford Motor on Wednesday projected up to 5.5billioninlossesonitselectricvehicleandsoftwareoperationsthisyear,alosssimilartolastyearandasignoftheseveredifficultiesincuttingcostsonbattery−poweredmodels.Theautomakerforecastoverallprofitabilityfor2025,buteventhatwaslowerthanin2024.Forthefourthquarter,itreportedanetprofitof5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it reported a net profit of 1.8 billion, up from a loss of $500 million in the year-ago quarter as pension-related costs weighed on results.The company’s shares we ...