Ford announces separation of its EV business as it drags its internal combustion business into an electric future
March 2, 2022
Ford announced today that it is separating its electric vehicle and internal combustion businesses into two different units, as the automaker is trying to navigate a future that is undeniably electric while dragging a large internal combustion engine business with it.
The move had been rumored for a few weeks, but it wasn’t clear what form exactly it would take. Initially rumors said that Ford…