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Wednesday, March 2, 2022

Ford is Officially Dividing business Into 2 Distinct Units for EVs and ICEs

Ford Accelerating Transformation: Forming Distinct Auto Units To Scale EVs, Strengthen Operations, Unlock Value 3/2/22

Ford has announced that they are officially dividing their business into two distinct units, one side for electric vehicles and one for internal combustion engines. The EV business, Ford Model E Division, will advance EV production and build out connected vehicle services. The ICE business, Ford Blue, will continue to build the current "iconic" vehicles to compliment the growing EV business.