Ford's EV Business Losses Accelerate, 600,000 EVs Production Goal Pushed Back by One Year
28 Jul 2023, 11:01 UTC · By: Cristian Agatie / Ford Model e EV division's losses increased to $1.1 billion in the second quarter, as Ford expects now to lose about $4.5 billion in 2023
Rivian Warns of Continuing Losses for the Foreseeable Future in a Filing With the SEC
1 Apr 2022, 13:35 UTC · By: Cristian Agatie / Rivian expects to incur significant expenses and continuing losses for the foreseeable future as it ramps up production, according to a 10-K filing with the SEC
Report: Tesla's Failure Is Statistically Just a Matter of Time
24 Oct 2017, 14:40 UTC · By: Vlad Mitrache / The respected publication analyzes the business model of a few companies, including Tesla, and seems surprised they've made it this far
Battery Manufacturer A123 Systems Reports €100 million Q1 Losses
15 May 2012, 08:53 UTC · By: Andrei Nedelea / Lithium-ion battery manufacturer A123 Systems has officially posted a loss of €100 ($125) million and a revenue figure of €8.5 ($10.9) million for the first quarter of 2012. The total ...
Toyota to Cut Dealer Network in Japan
12 Nov 2009, 15:31 UTC · By: Alex Vasile / The recession made cutting costs a necessity, so we’re so used to cutbacks that nothing moves us any more. Most people have friends or family that are currently unemployed, so we’ve stop...