New Videos Tagged with ev

Ford projected billions in loses for EVs in 2023

Well known carmaker Ford had projected billions in losses for their electric vehicle sector, but they still had profits go up in other areas. A report on the <a href="https://www.cnn.com/2023/07/27/business/ford-earnings/index.html" target="_blank">projected Ford EV losses</a> said the following:<br /> <blockquote> <p>And those losses are going to rise, at least in the short term. Ford said it expects a Model e EBIT loss of $4.5 billion for the full year, up from its earlier forecast of a $3 billion loss for all of 2023. And it pushed back when it expects to start producing EVs at a 600,000 annual pace to some time in 2024, rather than by the end of 2023. It said the pricing environment for EVs was one of the main reasons for the new loss estimate.</p> <p>EV leader Tesla has been regularly cutting prices throughout this year. In response, other automakers, including Ford, have responded with EV price cuts of their own.</p> <p>But the company’s Ford Blue division, which makes most of its gas-powered consumer vehicles, posted $2.3 billion in EBIT profits, while Ford Pro, which is its commercial vehicle division selling primarily traditional internal combustion vehicles, contributed $2.4 billion.</p> <p>The company raised its full-year adjusted EBIT target to between $11 billion and $12 billion, up from its earlier guidance of $9 billion to $11 billion.</p> <p>Ford CEO Jim Farley said that “pricing pressure [for EV’s] has dramatically increased in the last 60 days.”</p> <p>“EV price premiums over internal combustion vehicles fell more than $3,000 in the second quarter and nearly $5,000 in first half,” said Farley. “We expect the EV market to remain volatile until the winners and losers shake out.” But he confidently predicted that Ford “will be one of the winners.”</p> <p>Still Ford, like the other traditional automakers moving to shift from ICE vehicles to EVs, is losing money at this stage. Ford’s numbers work out to a loss of about $32,000 per EV that it sold in the second quarter, compared to a profit of $3,200 per vehicle sold by the Ford Blue division.</p> </blockquote>
Ford projected billions in loses for EVs in 2023
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Guy uses gas generator to drive Electric Vehicle 1,600 miles

This guy got really creative when it comes to this Tesla that he modified to use a gas generator to help him drive 1,800 miles without charging. He called it the Cordless Tesla and documented his experience in a video that was posted on YouTube. The description for this video said the following: "<span class="style-scope yt-formatted-string" dir="auto">I built the first ever Cordless Tesla and did a 1600 Mile Road Trip without ever charging the car. It just made perfect sense to me to adapt a power plant generator to my modified Model S Tesla and do a road trip. This is the first version of the cordless Tesla which is burning gasoline to charge the car instead of the conventional plug-in charger. The car not only charges itself while it's sitting and parked but also while driving the entire time. Just for reference with the mpg number this car is almost 1000 horsepower all wheel drive, I didn't go into those details in the video because I didn't want to make it confusing. This is not my typical video but I absolutely had to document my progress with my project here and share it with everybody. To clarify I did have to stop for about 5 to 6 hours a day while the car continued to charge itself back up since it's using more energy driving then it's making. All of those stops and lack of sleep is one of the reasons I was dead tired for almost the entire trip, some of those days I was so tired I could barely speak. I also made sure to make a few stops along the way that I thought were pretty cool to make the video more exciting. I'm curious to hear what everybody thinks in the comments below please don't hesitate to leave your opinion I think you are going to like what I have coming in the near future with this car."</span>
Guy uses gas generator to drive Electric Vehicle 1,600 miles
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