Ford's Model e Division Reports Sales Growth and Reduced Losses in Q1 2025
Ford Motor Company's Model e division shows growth in sales and reduced losses in Q1 2025, highlighting the company's EV progress and the need for swift actions to compete in the market.
This news matters as it highlights Ford's progress in the EV sector and the need for swift actions to stay competitive. It showcases the challenges faced by traditional automakers in catching up with innovative EV companies like NIO Inc.