Ford Reports Increased EV Sales, Dents its Losses
Ford Motor Company has started 2025 on a stronger note, showing signs of progress in its electric vehicle (EV) business. In the first quarter, the company’s Model e division, which focuses on electric cars, recorded a big jump in sales and a smaller financial loss compared to last year. According to the latest reports, Ford sold 31,000 electric vehicles between January and March 2025. That’s a 213% increase from the 10,000 units sold during the same period in 2024. Thanks to this growth, the company earned $1.2 billion in revenue from its EV division, a huge leap from just $0.1…