"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward. CEO Jim Farley ...
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Jim Farley was also critical of large EVs in general, saying they have "unresolvable" problems due to weight and high battery ...
Extended-range electric vehicles will be essential to the American market, Ford CEO Jim Farley said on the company's earnings ...
Ford CEO Jim Farley has a question about President Donald Trump's threatened tariffs on imports from Mexico, Canada, and ...
Given the outlay required to bring the Mach-E and Lightning to market as well as these vehicles’ less-than-stellar sales, profitability in the electric market is going to be tough for the automaker.
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric ...
Speaking during the earnings call, Ford CEO Jim Farley said hybrid trucks are a key growth area and give the automaker ...