Ford Motor Company‘s (NYSE: F) stock revitalization in 2021 was one of the year’s biggest stories. Flying high on the EV turnaround as well as a promising stake in Rivian, the company reached the market cap of US$100b for the first time. Yet, a 30% drop that pushed the stock back into a single-digit P/E ratio mandates a look into the current situation. View our latest analysis for Ford Motor Q4 and FY 2021 Earnings Non-GAAP EPS: US$0.26 (miss by US$0.15) Revenue: US$37.7b (beat by US$2.08b) … Source link
Read More »How Much Do Electric Cars Really Cost To Own?
And finally, at under $70K there’s the BMW i3 with a 33kWh battery pack and without an internal combustion engine (ICE). At over three times the battery size of the Mitsu, the BMW packs almost six times the range, with a quoted 290km (but ‘usable’ 200km), while claiming a barely higher 0.136kWh/km due to its smaller body and lighter kerb weight. Short of a twice-the-price Tesla Model S (with 455km) a BEV can’t yet, however, match the 600km-to-1000km range of an efficient ICE such as… Source link
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