Skip to content
Technology
Hyperdrive

Ford Reorganizes to Run EV and Engine Businesses Separately

  • Carmaker sets target for 2 million annual EV sales by 2026
  • Ford Model e unit will operate distinctly from Ford Blue
Ford has boosted output of the electric Mustang Mach-E and prepared more production capacity for the F-150 Lightning pickup.

Ford has boosted output of the electric Mustang Mach-E and prepared more production capacity for the F-150 Lightning pickup.

Source: Ford Motor Co.

Updated on
From

Ford Motor Co. will separate its fast-growing electric vehicle operations from its legacy combustion engine business in a historic reorganization of the 118-year-old company.

The new Ford Model e unit will scale up the automaker’s EV offerings and develop software and connected-vehicle technology and services for all of the company. Ford Blue will focus on combustion vehicles, cutting costs and simplifying operations.