Ford Motor restructures operations, creates distinct business units for EVs and ICE vehicles
Ford decided to create Ford Model e after the success of mission-driven teams that developed the EV models along with the dedicated EV division in China
Restructuring its business operations with an intent to accelerate the development of electric and connected vehicles while leveraging its popular nameplates and strengthen its operating performance, taking full advantage of engineering and industrial capabilities, Ford Motor Company said on 2 March 2022 that it plans to create distinct business units for EVs and ICE vehicles.
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