Ford $1.3 Billion Loss Electric Vehicles 2024. Ford’s ev division lost $1.3 billion in the first quarter, with its revenue dropping 84 percent year over year. Ford's model e ev division reported a net revenue of around $100,000,000 in the first quarter.

The company said battery breakthroughs and smaller cars will help it. Ford’s model e division posted losses of $1.3 billion for q1 2024.