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Ford F-150 Lightning

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Ford's EV arm, Model e, loss increases to $1.3B in Q2, revenue doubles to $2.4B

Ford's EV arm, Model e, loss increases to $1.3B in Q2, revenue doubles to $2.4B

The EV unit’s EBIT margin improved to –56.4%, but the business still burned ~$22,000 per vehicle sold.