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Posts tagged as “Ford Model”

Ford Motor Co. Announces $3 Billion Loss in Electric Vehicle Business, Still Expects to Reach Profit Targets for 2021

Ford Motor Co. announced a $3 billion loss for its electric vehicle business, Ford Model e, this year. Despite this, the company is still expecting to hit its profit targets of between $9 billion and $11 billion. Ford is investing in new technologies to become a leader in the electric vehicle market and is confident that its investments will pay off in the long run.