Skip to primary content

Prime-WoW

My site, my way, no big company can change this

Prime-WoW

Main menu

  • Home
  • Discord
  • Forums
  • Games
    • 7DtD
      • 7DtD Map
      • 7DtD Official Forums
      • 7DtD Wiki
    • Minecraft
      • Survival Map
      • Vanilla Map
      • FTB Map
      • FTB Wiki
      • Download FTB Client
    • NWN
      • NWN Wiki
      • NWN Lexicon
      • NWN Vault
      • NWNX
      • NWN Info
      • Rhun Guide
    • Terraria
      • Terraria Map
    • WoW
      • Prime-WoW Site
      • WoW Armory
  • Unfiltered RSS
    • Bikes
    • Games
      • Kotaku
      • PS4 News
      • VR
    • Nature
      • TreeHugger
      • Survival
    • Technology
      • Hardware
        • Hot Hardware
      • Linux
        • Linux Today
        • LWN.net
        • LXer
        • Phoronix
        • RPi
      • LifeHacker
      • Akihabara News
      • AnandTech
      • Ars Technica
      • Engadget
      • Gear & Gadgets
      • Geekologie
      • Gizmodo
      • [H]ardOCP
      • io9
      • Slashdot
      • TG Daily

Post navigation

← Previous Next →

Ford reorg prioritizes EVs, keeps fossil fuel vehicles as “engines of cash”

Posted on March 2, 2022 by Xordac Prime
Promotional image of electric crossover vehicle.

Enlarge / Ford Mustang Mach-E GT. (credit: Ford)

Ford announced today that it will be splitting its electric and fossil fuel vehicle business into two separate divisions. The announcement has investors rallying to the stock but leaves plenty of questions unanswered about the future of the 118-year-old company.

The reorganization caps weeks of speculation that the automaker might split into two separate companies. Ford has said that its future lies in electric vehicles, but for now, the vast majority of its profits come from fossil fuel cars and trucks.

“We are going all in, creating separate but complementary businesses that give us start-up speed and unbridled innovation in Ford Model e together with Ford Blue’s industrial know-how, volume and iconic brands like Bronco, that start-ups can only dream about,” Ford CEO Jim Farley said in a statement.

Read 10 remaining paragraphs | Comments



Source: Ars Technica – Ford reorg prioritizes EVs, keeps fossil fuel vehicles as “engines of cash”

This entry was posted in Ars Technica, Unfiltered RSS and tagged Ars Technica by Xordac Prime. Bookmark the permalink.
Proudly powered by WordPress