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Electric Vehicles@lemmy.worldEnglish · 6 months ago

Ford cancels EV battery orders as losses widen to $130,000 per vehicle sold

www.notebookcheck.net

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Ford cancels EV battery orders as losses widen to $130,000 per vehicle sold

www.notebookcheck.net

schizoidman@lemmy.ml to

Electric Vehicles@lemmy.worldEnglish · 6 months ago

Ford's Model e division is now losing over $100,000 per EV sold. As a result, the carmaker is looking to scale back EV production, according to industry insiders who claim Ford has cut back on battery orders significantly.

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PersnickityPenguin@lemm.ee
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6 months ago
Exactly, which is where the term “economies of scale” comes from.

More units = more economy

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