ev electric vehicle - Search News

Ford lost $5 billion on its EV business

Ford’s EV losses hit billions in 2024, is the worst yet to come?

Ford managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 billion year-over-year. Gains from its gas-powered vehicle sales helped offset net losses from an unprofitable EV business.

Fast Company · 13h

Ford lost $5 billion on its EV business in 2024—and things could get worse this year

Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose 25% tariffs on goods from Mexico and Canada, which would affect Ford.

The Verge on MSN · 1d

Ford lost $5 billion on EVs in 2024, teases new models

Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.

The Auto Wire on MSN · 11h

Ford Loses Over $5 Billion On EVs In 2024

Even though everyone was told for years that “electrification is the future” it seems for Ford the near future is all about internal combustion engines. Once again, the American automaker posted a huge loss for its EV division,

California, EV

The Associated Press on MSN · 5h

California’s surge in EV sales has stalled — so what happens to its landmark mandate?

About a quarter — 25.3% — of all new cars registered in California in 2024 were electric cars, compared with 25% in 2023. The flat sales follow several years of rapid growth, and sales are still far below the state's 35% target.

KXTV-TV Sacramento on MSN · 14h

California EV sales stall, raising questions over future mandate

After three straight years of strong growth, sales have stabilized in California, raising questions about whether the state will fail to meet its groundbreaking mandate banning sales of gas-powered vehicles.

Climate Crisis 247 on MSN · 1d

California’s EV Sales Stall—What It Means For The Future Of Electric Cars

Douglas McIntyre, editor-in-chief at Climate Crisis 24/7, reports that EV sales in California—America’s largest EV market—grew by just 1% last year. With the state leading the push for EV adoption, this stagnation raises concerns for the rest of the country.

Fully electric car 'an important addition'

USA Today · 2d

Ferrari plans electric car debut in Italy this October

Breaking its tradition for roaring petrol engines, Ferrari's much-awaited EV will be showcased at a capital markets day on Oct. 9.

CNBC on MSN · 1d

Ferrari CEO: Fully electric car 'an important addition'

Ferrari CEO Benedetto Vigna speaks to CNBC's Charlotte Reed after the luxury carmaker reported a significant upswing in full-year net profit and flagged further growth this year.

Autocar India on MSN · 23h

First electric Ferrari to debut on October 9, 2025

Ferrari is expected to reveal its long-awaited debut electric car on 9 October, 2025. In an announcement accompanying the Italian firm's 2024 financial figures, CEO Benedetto Vigna said Ferrari will "reveal more of our future on 9 October at our Capital Markets Day,

Volkswagen is unveiling a $21,000 entry-level EV

Engadget on MSN · 16h

Volkswagen is unveiling a $21,000 entry-level EV in March

Volkswagen is working on an entry-level electric vehicle that will sell for a base price of €20,000 ($21,000). The company has already given its own employees a look at its initial design during a meeting in Wolfsburg,

Autocar India on MSN · 18h

Volkswagen entry level EV teased ahead of 2027 debut

The Volkswagen entry-level EV has been teased officially for the first time ahead of its debut. This new model from the German brand will be an all-electric successor to the now discontinued Up hatchback.

Times Drive on MSN · 23h

Volkswagen Reveals Plans For Entry-Level EV & Wolfsburg Plant's 7. Electric Transition

Volkswagen showcased a preview of its upcoming entry-level electric vehicle, priced around €20,000, to its employees. The model is set to debut as a show car in March and be production-ready by 2027.

58mon MSN

EV maker Scout Motors wants to sell directly to buyers but can’t do it in its home state

South Carolina is one of about two dozen states that ban manufacturers from selling vehicles directly to consumers and ...

PC Magazine10h

2025 Chevrolet Equinox EV Review

Chevrolet Equinox EV is a compelling small electric SUV with more than 300 miles of range, a stylish exterior and interior, ...

6hon MSN

Chicago Auto Show goes electric with 2 EV tracks, dozens of models and first appearance by Rivian

The atmosphere is electric at this year’s Chicago Auto Show, with two indoor EV test tracks, dozens of models and several ...

4hon MSN

Trump administration orders states to halt EV charging programs

In a memo released Thursday, the Federal Highway Administration ordered states to halt a $5 billion program to build fast EV ...

1don MSN

UK electric car sales rise in January but lag behind mandate, industry data shows

(Reuters) -Registrations for new electric vehicles in the UK rose in January but their market share remained short of the 28% ...

Trump administration tells states billions in EV charger money is on hold

The Trump administration on Thursday told states it was blocking money for electric vehicle chargers, including $71 million ...

1don MSN

Electric car demand reaches record high in January but misses target - SMMT data

Battery electric cars accounted for 21% of new car registrations in January, the highest-ever share for the month and a ...

PC Magazine15h

2025 Chevrolet Blazer EV Review

Chevrolet Blazer EV has good range, stunning looks, state-of-the-art infotainment, and preventative driver assists, all for a ...

Electrek8h

This is the Chinese EV Ford’s CEO says it needs to beat ‘straight up in a street fight’

After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...

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