Re:AMD passes Intel in market cap
by mywittyname on Monday August 01, 2022 @04:11PM
(#32311449)
I don't think Ford has released this information yet, and it's really too soon to judge either way, considering manufacturing issues and price instability. The Mach-E went from very profitable, to a losser basically overnight as battery prices skyrocketed.
At this point, battery manufacturing is EV manufacturing. Battery costs are such a large percentage of overall costs that the entire margin of a vehicle can evaporate at the whims of a supplier.
I think we need to wait and see how SKBlueOval does before we can really judge Ford's EV performance.
Is the f150 lightning not profitable for Ford? I looked just now and can't find any information (maybe have to wait until next fiscal year?). Their costs for that line are lower than most other automakers because they share so many parts and design elements with the ICE f150.