· ford investing $5b to bring “affordable” models to market, starting with a compact pickup in 2027 - introducing radical changes in ev design and manufacturing. Farley said the automaker is making an additional $2 billion investment in ev production. · ford, which once had a lead on other established automakers, said on monday that it will use new materials and methods to lower the costs of electric vehicles. · fords ev losses include significant investment in future models, and it is also increasing volume while cutting costs by $1. 4 billion, said sherry house, fords incoming chief financial. · ford ceo jim farley unveiled plans for a midsize ev truck starting at $30,000. · detroit, feb 5 (reuters) - ford motor (f. n) on wednesday projected up to $5. 5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a. · ford hits the pedal on ev production with $2 billion overhaul of kentucky plant ford says it will invest nearly $2 billion to retool a kentucky plant to produce. · ford’s model e electric division has stacked up some staggering losses in recent years, recording a $5. 1 billion shortfall in 2024. Unfortunately, the automaker said it expects to lose even more in 2025 as a challenging market and an … · let’s dive into why ford’s big losses and their new ev plans might actually be good news for your wallet, your safety, and that sweet, sweet driving vibe we all chase. · ford motor co. Said wednesday it will overhaul its electric-vehicle strategy to offer more and cheaper options to retail and commercial customers at a faster pace, a pivot that …