One big number: Ford EVs’ future profitability

8%: The adjusted operating margin that Ford forecasts for the Ford Model e business by the end of 2026. By then, the company aims to produce 2 million EVs annually, around the world. In a note to investors on Monday (March 20), Emmanuel Rosner, a Deutsche Bank analyst, said this EBIT margin is likely “very difficult to accomplish” because the EV business “could record significantly bigger losses than investors expect.”


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