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Ford Had Its Biggest Net Loss Since the Recession Due To EV Troubles (gizmodo.com)

submitted 2 weeks ago by spaghettiwestern@sh.itjust.works to c/economy@lemmy.world

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Auto giant Ford reported its worst quarterly earnings in four years on Tuesday, and a net loss of $8.2 billion for 2025, the largest yet since the 2008 recession.

At least some of that is due to the $4.8 billion that the company’s electric vehicle division lost in 2025.

The outlook is still looking bleak. Company executives said they expect to lose $4-4.5 billion more in 2026, and no expectation to breakeven until around 2029.

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[–] NotMyOldRedditName@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

I don’t know how many electrical components there are where you can just multiply the power by 500 or 1000 without frying them

They put an inverter on the battery and can route power more cleanly than from the front of the vehicle in the small battery, without worrying about draining the 12v in front and killing the car from starting. It also lets them do more than the could before as all the new tech is power hungry. (Edit: Think more spiderweb directly to locations, instead of routing everything from 1 point in the front)

I do agree with you that they all should have started sooner when there were better incentives.

Edit: Like you aren't watching Netflix and/or camping in a cooled or heated car for hours on end unless it's a battery hybrid or BEV and it's running off the HV battery through an inverter.

Edit: here's an article talking about wiring and Ford having 1.6km of extra wiring vs tesla/chinese OEMs who rethought the electronics system specifically for EVs. It's new thinking like this where you have the HV battery (which is/was expensive) to get your costs down and make it profitable. Less weight, cheaper for parts, and cheaper to install/maintain. This is hundreds of dollars in savings when they're already struggling on profitability. https://finance.yahoo.com/news/ford-tore-apart-tesla-found-160356371.html