Ford Says Its Electric Vehicle Project Should Be Seen as a Startup After Reporting $2.1 Billion in Losses
Ford Motorslost an forecast $ 2.1 billion last year in its electrical vehicle unit , the company announced on Thursday , bring it expects $ 3 billion in losses for 2023 . The self-propelled industry is floundering as interestingness rates skyrocket and consumer purchases slow , give it difficult for startupmotor vehicle industriesto flourish , CNBCreported . The EV operation under Ford Motors should be considered a startup , the company enunciate , and as with any other startup , it can take time for it to get off the ground ....