Business

Ford is about to break out big EV losses

Ford is about to break out significant EV losses for the first time

DETROIT – Ford Motor will tell investors what they’ve long wondered: How much is the transition to electric vehicles costing?

The automaker on Thursday plans to begin reporting its financial results by business unit, instead of by region, ushering in the new reporting structure with a “teach-in” for analysts and media — on the theme of “Ford Refounded” — and releasing revised versions of its financial results that will reveal how the new business units would have performed in 2021 and 2022.

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