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Ford cancels EV battery orders as losses widen to $130,000 per vehicle sold
(www.notebookcheck.net)
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this post was submitted on 13 May 2024
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Sorry my bad then, before the supply chain got Uber fucked by the pandemic.
It was originally gross margin positive. Then the supply chains for fucked and it was no longer gross margin positive.
Then the price cuts started happening after the supply chains resolved and it couldn't get back there for awhile.
I don't know if it is or isn't GM positive today.