Ford Q2 earnings: EV adoption will be 'slower than expected,' pushes back 600K run rate goal
July 28, 2023
Ford Motor released Q2 earnings after market close on Thursday, saying, “EV adoption will be a little slower than expected.” The automaker is pushing back its 600,000 EV run rate goal until next year.
Ford’s second-quarter earnings preview
After losing $2.1 billion last year, operating losses grew to $722 million (more than doubling YOY) at Ford’s Model e EV business in the first three…