Ford predicts EV losses for 3 years

(CNN)– Ford is still bleeding money from its investment into electric vehicles.

The automaker reported its EV division lost $4.8 billion in 2025.

It expects similar losses for three more years before a break-even point it pegs as happening in 2029.

Ford’s plan to increase profits by quickly rolling out EV’s ahead of its competition a few years ago didn’t work.

The company has scaled back its investment in the category but hasn’t killed it completely.