Ford’s electric future is being paid for by giant, gas-guzzling trucks and SUVs.
That fact came into stark relief this week during the company’s second quarter earnings report, in which the Blue Oval reported losing $1.1 billion before interest and taxes on its EV business, more than twice as much it lost over the same period last year.
Compare that to Ford’s profits in the sale of gas and hybrid trucks and SUVs: $2.3 billion before interest and taxes. Commercial vehicle sales also…
