04/03/2022
Ford to split EV and IC development into separate business units: Ford Motor Company is to split its vehicle business into two distinct units, Ford Model e and Ford Blue.
The former will be dedicated to the development and launch of clean-sheet EVs and technologies such as inverters, motors and batteries, as well as undertaking work on software and connected car platforms; Ford Blue will continue development of model lines such as the F-Series, Ranger and Maverick trucks, Bronco and Explorer SUVs, and Mustang sports models. It will also be responsible for supporting Ford Model e through global-scale engineering, purchasing, manufacturing and vehicle test and development capabilities.
“This isn’t the first time Ford has reimagined the future and taken our own path,” said Ford executive chair Bill Ford. “We have an extraordinary opportunity to lead this thrilling new era of connected and electric vehicles, give our customers the very best of Ford, and help make a real difference for the health of the planet.”
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