Ford Struggles with EV Sales in the U.S., Despite Billion-Dollar Investment

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, discusses the challenges Ford is facing in the electric vehicle (EV) market. Despite investing over $20 billion into its EV business, Ford has sold only a small percentage of EVs in the U.S., with just about 250 EVs sold per day in the first quarter. This poor performance is compounded by anticipated losses of up to $5.5 billion in 2025 and the potential for increased costs due to tariffs on car parts. These challenges highlight the difficulties legacy automakers face in transitioning to electric vehicles.