
Ford has pushed back the goal of producing 600,000 all-electric vehicles to next year after its Model E business unit reported massive operating losses of $1.08 billion in the second quarter while operating margins were at -58.9 percent.

Ford has pushed back the goal of producing 600,000 all-electric vehicles to next year after its Model E business unit reported massive operating losses of $1.08 billion in the second quarter while operating margins were at -58.9 percent.