Dearborn-based Ford Motor Co (NYSE:F),on Wednesday, reiterated its commitment to cutting costs in its EV segment to counter its growing losses and withstanding the ongoing price war. What Happened: Ford is eyeing hitting profitability in its EV segment with the launch of its next generation of EVs. However, the launch timeline of these vehicles is currently under wraps. In the meantime, the company is looking to cut costs of the business, CFO John Lawler said during the company’s first-quarter earnings call on Wednesday. “We’re going to continue to work on driving every dollar of cost out of t…
