The green agenda is expensive. Ford could lose over $5 billion on electric vehicles in 2025 (1 photo)

Ford is facing serious financial difficulties in the electric vehicle segment. In 2024, its EV business showed a loss of $5.1 billion, exceeding last year's loss of $4.7 billion. At the same time, the forecast for 2025 is also disappointing - the company expects a loss of up to $5.5 billion. According to management, the difficulties are associated with market factors that slow down progress in the development of the electric vehicle direction.



Despite significant losses in the EV segment, Ford showed positive results for the year. The company's net profit amounted to $5.9 billion, and adjusted income reached $10.2 billion, which was possible thanks to high sales of internal combustion engine vehicles. However, experts note that dependence on traditional engines may become a problem in the future if Ford cannot stabilize the situation in this sector.

The company also doesn’t take into account the increased costs associated with the withdrawal of tax credits and government loans from the Biden administration, as well as the threat from new U.S. President Donald Trump to impose 25 percent tariffs on imports from Mexico and Canada.

Unlike rivals like General Motors (GM), Ford has lagged in developing new electric vehicle models. GM, for example, introduced several innovative vehicles last year, including refreshed Chevy and Cadillac, and is already showing signs of profitability in its EV business. Ford, meanwhile, offers just three EV models and has canceled plans for a three-row electric SUV to focus on lower-cost models.

Experts say the company needs to accelerate its EV development to remain competitive. And while Ford continues to lose money on electric vehicles, the market is actively developing, and any delays in the release of new models could lead to a loss of leadership positions.