P050E Ford Street Ka shows up when there's an electrical problem that causes the fuel volume regulator to malfunction and open. It's quite an unusual problem and likely intermittent. Other symptoms that may indicate this problem are when the Check Engine Light illuminates and when there is a visible lack of engine power.
Possible Causes :
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Look for missing ground strap or a rusty ground where the fuel tank is grounded to the frame. Check for damage to the wiring harness connector. If the scan tool has that capability, and the scan tool can operate the IMRC valves, then the problem is either resolved and a simple code clearing is all that's left or a new PCM would be called for. Oxygen sensors signal the engine management computer the amount of oxygen present in the exhaust, which is used in determining and controlling the fuel ratio.
Diagnostic trouble code P050E Ford Street Ka is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before P050E Ford Street Ka.
Fortunately, P050E Ford Street Ka is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.