Ford expects EV business unit to lose $3B this year, hit profitability in late 2026

Any question of what business sector is — and is not — profitable at Ford is no longer a mystery.
Ford lost about $3 billion on its EV and digital services business over the past two years, a unit now known as Model e, and isn’t expected to be profitable (on an adjusted basis that removes costs like taxes) until late 2026 with an 8% operating profit margin, the company said Thursday. Meanwhile, its commercial and traditional internal combustion engine business units, were profitable enough to offset losses incurred by making and selling electric vehicles.
In other words, profits generate

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