Ford's Work Truck Business Is Defying a Broader Slump in EV Sales [Financial Post (Toronto, Ontario, Canada)]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — While malaise sets in across much of the electric vehicle market, there's a corner that's still going strong, where buyers like Chris Russo show little concern about high prices or range anxiety or spotty charging infrastructure. The co-founder of Elite Home Care, a South Carolina-based company, bought his first EV more than two years ago — a Ford E-Transit van that his business uses every day to transport senior citizens. Since then, he has added dozens more battery-powered models, electrifying nearly his entire 100-vehicle fleet. Russo figures he saves $6,500 a year on each EV compared with similar-sized gas-powered vehicles because of lower fuel and maintenance costs. And with 100 chargers at his company's vehicle depot, the fleet can operate with clockwork-like efficiency. Article content Article content “Our drivers go out, do the job, come back to our site, charge
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