Ford expects EV installation losses this year

Ford Motor Company Its profits announced in the fourth quarter this week, and while it came in the above expectations, Detroit Motors is expected to continue the losses in its electric car section (EV) this year.

Ford mentioned that it has EV sectionKnown as the Form E, she lost $ 5.1 billion in 2024. In its expectations for the entire year for 2025, Ford said it expects modified profits before interest and taxes (EBIT) ranging from $ 7 billion to $ 8.5 billion, with free cash flows ranging from 3.5 One billion dollars and 4.5 billion dollars and capital expenses range between 8 billion dollars and 9 billion dollars.

When Ford dismantled its various sectors, it noticed the loss of profits before interest, taxes and depreciation, ranging from 5 billion dollars to 5.5 billion dollars for the model E. This is met by positive EBIT from $ 7 billion to $ 8 billion from Ford Pro and 3.5 billion dollars to $ 4 billion from Ford Blue, as well as $ 2 billion before taxes from Ford credit.

“We expect a loss between 5 billion dollars to 5.5 billion dollars to Ford Model E, which carries stable losses on an annual basis,” said Sherry House, Ford Financial Director, who is currently the company’s vice president of financing. “Although the pressure price pressure remains, we are planning to increase our global size materially, driven by the full impact of the European launch, and we have increased investment significantly in our battery facilities and the next generation products, which are only two years.”

Ford Mustang Mach-I Mustang sales exceed the traditional

In response to a question from a financial analyst, House noted that despite the high volumes of the Ford Model E, there are about one billion dollars at additional costs related to BOSK Battery factory And engineering for the products of Jel 2 EV.

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House went on to discuss some of the factors that put pressure on the partition, as well as some positive developments at the end of last year.

She said: “Some of the declining pressure still sees, this is the prices that are likely to be in Europe, and perhaps in North America.” “What was great although the model E as it ended in Q4 last year, Mach-E (Mustang), we had a great sale-more than 30 % increase a quarter of a quarter, and we stayed higher than the average transactions prices. So, while we “. Re-click, we have continued to do a good job even with our Gen-1 products in our sales pace. “

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The Ford announcement comes yet EV car manufacturers initiatives In 2024, he struggled amid the slow demand for consumers compared to previous expectations and increased pricing pressure from competitors.

General Motors The sales of the electricity department and its financial numbers are not separately as Ford, but General Motors executives said that EVS became a “positive and positive profit” last year by generating sales revenues more than it spends on employment and material costs. However, this figure does not include fixed costs such as assembly lines.

Car manufacturers that pushed the goals of plans and plans in 2024

Paul Jacobson at General Motors said last week that General Motors set out to her goal in the production and trade of wholesale 200,000 EVS in North America in 2024, and ended in 189,000 units.

Last year, Toyota announced that it would postpone its EVS plans in the United States until 2026 after it was targeted in late 2025, according to Reuters report.

In September, Volvo dropped its plan to go to all electricity by 2030, as the Swedish auto industry company is now plans to obtain hybrid vehicles in production at that time.

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The luxury auto industry company announced in November that it will be based on its plan to move to a selection of electric vehicles for batteries only from 2030 to 2035, adding that it will continue to manufacture hybrid vehicles at that time.

Reuters contributed to this report.