Top news right now Ford's electric Vehicle division is suffering severe Losses with each vehicle sold costing The company roughly sixty thousand Dollars in losses in the first quarter Of 202’ the division lost 72’ million Dollars while selling only 1200 units Bringing the total yearly losses to Roughly 3 billion well the company Expects to begin turning a profit by the End of 2024 many experts warn the Division's decision to go all in on Electric vehicles is a tremendous risk That requires ongoing support from Government subsidies private analysts Predict the total cost of green Manufacturing subsidies under Biden's Inflation reduction act to exceed one Trillion dollars with subsidies for Electric vehicle battery packs alone Topping 130 billion dollars stay tuned for more Breaking news from Next News