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Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue (www.foxbusiness.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 2 years ago

They're moving quickly to become relevant in the EV market. You can do things Cheap, Fast and Well, but you can only do two at a time. Ford is choosing speed and quality, so it's going to be expensive in the short term.

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