Ford to break out EV business losses for the first time

Incoming Ford CEO Jim Farley (still left) and Ford Executive Chairman Invoice Ford Jr. pose with a 2021 F-150 in the course of an event Sept. 17, 2020 at the…

Autonomous vehicle startup Argo AI closing in wake of Ford losses

Autonomous auto organization Argo AI is shutting down. In an earnings report, Ford (a important trader in Argo AI) famous that the enterprise is becoming wound down and that it…

Chinese Tesla rival Nio narrows losses as revenue surges 127%

Nio designs to commence deliveries of its ET7 electrical sedan in 2022. Evelyn Cheng | CNBC GUANGZHOU, China — Nio shares rose far more than 1% in after-several hours trade…

Consumer losses due to Covid-related fraud top $500 million

simonlong | Instant | Getty Pictures Purchaser losses thanks to Covid-linked fraud have topped $500 million, as criminals rip off the unwary in a selection of strategies ranging from online…