Maineiac12
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Ford to idle F-150 Lightning EV plant in Dearborn for weeks
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Maineiac12
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$5 billion model e loss? Ouch. I wonder if this plant production pause is for retooling or to slow production to line up with demand.
Maxx
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Or may be they increased the production earlier because sales are up 86% this year but overshot and are sitting on a large inventory.
I am curious if they can address the loss by higher volume or they are actually losing money per unit aside from overhead.
The Weatherman
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Fords loses are due to the amount of upfront infrastructure they have built out. Overtime it will allow them to reach profitability sooner. What they need is numbers. When the demand picks up, their cost to ramp up will be negligible.
It’s the demand we need to see change.
The other legacy ICE manufacturers have yet to spend what will be necessary to meet future demand.
Said another way, Ford has front loaded their major costs for EV production.
It’s the demand we need to see change.
The other legacy ICE manufacturers have yet to spend what will be necessary to meet future demand.
Said another way, Ford has front loaded their major costs for EV production.
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