Ford is splitting its electric vehicle and internal combustion divisions into separate businesses. Ford said that it will run its electric vehicle and internal combustion divisions as two separate businesses, attempting to accelerate its adaptation of new technology. The automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses Ford Blue […]
Ford CEO: No plan to spin off EV business, but change coming – EQ Mag Pro
Farley said the automaker can’t just pivot from internal combustion engines to battery powered vehicles. The CEO of Ford Motor says the automaker has no plans to spin off its electric vehicle or internal combustion businesses but is reinventing itself by removing costs and ramping up for large-scale EV and software sales. Ford CEO Jim […]
Ford CEO: Electric Vehicle Demand Will Transform Industry
Jim Farley, the company’s new CEO, calls the introduction of an electric version of the nation’s top-selling vehicle a watershed moment for Ford as well as for the auto industry. DEARBORN: A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery-powered […]