Currently reading: Ford separates electric and combustion vehicle businesses

Formation of new Model E and Blue divisions will enable quicker development of models in both segments

Ford is separating its electric car division from its internal combustion engine business in a move that it hopes will encourage investors to value it more highly.

Ford Model E will focus on EVs as well as developing software and connected vehicle services. Meanwhile, Ford Blue will be responsible for all ICE vehicle development with a task to cut costs, simplify operations and improve quality.

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gejiv53357 2 March 2022

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