Previous Close | 1.3700 |
Open | 1.6000 |
Bid | 1.3600 |
Ask | 1.8900 |
Strike | 11.00 |
Expire Date | 2024-08-02 |
Day's Range | 1.6000 - 1.6000 |
Contract Range | N/A |
Volume | |
Open Interest | 42 |
Automotive research firm J.D. Power’s highly watched initial quality study is out — and it appears EVs are giving consumers big headaches.
In April, Ford CEO Jim Farley had alluded to the automaker's expectations of being profitable in the $25,000 to $30,000 range for EVs. Ford did not immediately respond to a Reuters request for a comment. The company has been shifting focus to produce larger electric trucks and SUVs, along with affordable and smaller EVs that are being developed by a "skunkworks" team in California.
Ford Motor CEO Jim Farley has confessed: He loves electric vehicles. “I spent the past 40 years developing new vehicles, from Camrys and Scions at Toyota to F-150 Raptors, Broncos, and Transits here at Ford Motor Company,” wrote the CEO. EVs are fast and responsive—faster and more responsive than equivalent gasoline-powered cars—and batteries enable some interesting benefits.