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Ford’s EV division loss 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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