Ford expecting mounting EV losses this year
1. Ford's EV division Model e lost $5.1 billion in 2024. 2. Ford expects Model e losses to continue in 2025. 3. Positive EBIT from Ford Pro and Ford Blue offset EV division losses. 4. Mustang Mach-E sales rose over 30%, surpassing traditional Mustang sales. 5. Market pressures and increased costs affect Ford's EV strategy.