Ford is fighting against physics to build affordable EVs
Ford is shifting from large, unprofitable EVs to affordable, smaller-battery, purpose-built electric vehicles and hybrids to restore profitability and customer demand.
Most Automakers Lose Money on EVs. How Is Xiaomi Turning a Profit Already?
Xiaomi achieved profitability in its electric-vehicle business despite industry-wide battery and scale challenges, signaling intensified competitive pressure for other automakers.