As automotive giants rush towards the electric vehicle market, the US company from Ford A remarkable move came. According to Ford’s statement, as a result of the acceleration of emission-free vehicle production, internal combustion and electric car operations will leave.
Ford Motor; electric vehicle (HOUSE) and internal combustion engine (ICE) announced that its operations will be separated. Electric vehicle (EV) products “Ford Model E“whereas conventional internal combustion operations”Ford Blue” will be run by the company. A third chapter, “Ford Pro“will serve commercial customers.
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Due to the global chip crisis, Ford announced that it will stop production at 8 of its most popular vehicles. Here are the details…
Ford splits into two: Ford Model E and Ford Blue announced
Ford Model E division will produce electric vehicles, while Ford Blue will turn to traditional (internal combustion) models. Each of the two ventures will have separate directors and will report their own financial results. Both companies will be headquartered in Michigan.
shiftdelete.netFord said in its press release that Ford Model E and Ford Blue will be run as separate businesses, but will also support each other. Executives at the EV company will benefit from access to Ford’s industrial know-how, while at the same time connecting traditional business with new technologies.
Ford CEO Jim Farley“Ford will no longer manufacture the Model E. Because the structures we build mean that they actually have to be stronger than the by-product,” he said.
“Ford Plus Our goal is to become a company that changes the world once again. Together with Ford Blue’s industrial know-how and volume, we want to provide rapid and endless innovation in the Ford Model E. “
Ford also raised some of its operational and financial targets. The company is about one-third of the global target by 2026. two million electric vehicles and plans to increase this production in half by 2030. In February, Ford said electric vehicles would make up at least 40 percent of its product range by 2030.
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