The Intersections 3-26-23 | Automotive NewsThe Intersections 3-26-23 | Automotive News
Stress test for the EV transition A business’ survival is dependent on smart risk management. As the auto industry takes its biggest risk in the era of mass production — the electrification transition — this week’s Automotive News highlights the magnitude of the batch being made. Ford Motor Co., for example, for the first time publicly disclosed how much money it lost in its Model E electric vehicle division last year ($2.1 billion) and how much it expects to lose this year ($3 billion). Offsetting these large losses, if Ford’s projections hold true, will be large profits from its Ford… [...]