If $50,000 EVs still lose $6,000, when will EVs become profitable?
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Ford promises more affordable EVs as it loses money on them
In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. As reported by CNN, Ford said its EV unit lost $1.3 billion in the first quarter, or $132,000 for each of the roughly 10,000 EVs sold by the automaker during that period. Sales were down 20% from a year earlier, but
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Will EVs become the standard over the next 5 years?
(TestMiles) - As the electric vehicle (EV) market powers up for an anticipated boom, prospective buyers and industry analysts are both excited and skeptical about the forecasted growth. According to industry projections, EV sales are set to nearly double from 2.5 million units in 2026 to a staggering 4.1 million by 2029. But as we []
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Disneyland will remake its Autopia around EVs in 2026
Disneyland will replace gasoline vehicles at its Autopia ride with EVs in 2026, the Los Angeles Times confirmed this week. Autopia is one of the longer-running attractions at the Anaheim, California, Walt Disney Co. theme park and it undoubtedly has a role in nurturing auto enthusiasm for kids. With clarification that these vehicles will be "fully