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Ford’s EV expenses reaching toward USD 4.5 billion in 2026

Ford continues to absorb heavy costs as it reshapes its EV strategy, noting in its Q2 2026 earnings report that the Model e EV division is expected to lose USD 4.5 billion in 2026, Costs include a USD 1 billion investment in the Universal Electric Vehicle (UEV) platform and Ford Energy, its new battery energy storage....

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