Ford splits EV, ICE businesses into distinct entities

Ford splits EV, ICE businesses into distinct entities

Ford says its continuing to transform its global automotive business, accelerating the development and scaling of electric, connected vehicles, while leveraging its iconic nameplates to strengthen operating performance and take advantage of engineering and industrial capabilities.

Last May, Ford President and CEO Jim Farley introduced the Ford+ plan, calling it the company’s biggest opportunity for growth and value creation since Henry Ford scaled production of the Model T. The formation of two distinct, but strategically interdependent, auto businesses – Ford Blue and Ford Model e – together with the new Ford Pro business, will help unleash the full potential of the Ford+ plan, driving growth and value creation and positioning Ford to outperform both legacy automakers and new EV competitors, the automaker has said.

Driving the change was recognition that different approaches, talents and, ultimately, organizations are required to unleash Ford’s development and delivery of electric and digitally connected vehicles and services and fully capitalize on the company’s iconic family of internal combustion vehicles.

The creation of Ford Model e was informed by the success of small, mission-driven Ford teams that developed the Ford GT, Mustang Mach-E SUV and F-150 Lightning pickup, as well as Ford’s dedicated EV division in China.

Ford Model e and Ford Blue will be run as distinct businesses, but also support each other – as well as Ford Pro, which is dedicated to delivering a one-stop shop for commercial and government customers with a range of conventional and electric vehicles and a full suite of software, charging, financing, services and support on Ford and non-Ford products. Ford Model e and Ford Blue will also support Ford Drive mobility.

Ford says Model e and Ford Blue will work hand-in-glove with other parts of the Ford enterprise. Ford Pro will continue to deliver industry-leading products, services and support that commercial customers depend on. Served by Ford Model e and Ford Blue, Lincoln will continue to create compelling vehicles with an exceptional ownership experience to match. Ford Drive will continue to develop new digitally connected mobility businesses. And, Ford Credit will continue to support the customer experience and drive loyalty with a full suite of financial products and services.

With the creation of Ford Blue and Ford Model e, Ford is announcing several leadership appointments. Farley will serve as president of Ford Model e, in addition to his role as president and CEO of Ford Motor Company.

Doug Field will lead Ford Model e’s product creation as chief EV and digital systems officer. He will also lead the development of software and embedded systems for all of Ford. Marin Gjaja will be Model e’s chief customer officer, heading the division’s go-to-market, customer experience and new business initiatives.

Kumar Galhotra will serve as president of Ford Blue.

Stuart Rowley and Hau Thai-Tang will take on new global roles to support Ford’s transformation.

Rowley will be chief transformation and quality officer. He will establish quality as a reason to choose a Ford and lead Ford’s drive to improved efficiency, reduced complexity and a lean, fully competitive cost structure across the enterprise.

Thai-Tang will lead Ford’s industrial platform as chief industrial platform officer. He will lead product development, supply chain and manufacturing engineering for ICE products and common systems across Ford Blue, Ford Model e, Ford Pro and Ford Drive.

You May Also Like

GMC ups range estimate of 2024 Sierra EV Denali before launch

The 2024 Sierra EV Denali Edition 1 will come standard with a GM-estimated 440 miles of range for the 2024 model year.

2024-gmc-sierra-ev-denali-edition

GMC said its 2024 Sierra EV Denali Edition 1 will come standard with a GM-estimated 440 miles of range for the 2024 model year, a 10% increase from the originally estimated range of 400 miles. The Sierra EV Denali Edition 1 will also launch with a GM-estimated 10,000 pounds of max towing and 1,450 pounds of max payload, an increase of 500 pounds and 150 pounds respectively from initial estimates, according to GMC.

Mullen reaches 500 commercial vehicles produced at MS facility

The company also has 18 active commercial vehicle pilots with fleets, municipalities, universities and campuses.

mullen-three-class-3-ev-cab-chassis-truck-1400
GreenPower showcases lineup at the San Diego Gas & Electric EV Fleet Day

GreenPower showcased the EV Star Cargo Plus, the EV Star Passenger Van, the Type D Beast school bus, the Type A Nano Beast school bus and more.

GreenPower_Motor_Company_buses
First Rizon Class 4-5 electric trucks delivered in California

Distributor Velocity EV said the first fleet deliveries have already commenced and are slated to continue this spring.

Rizon-Daimler
Mahle secures orders for thermal management modules

Mahle said the modular design approach enables smaller installation spaces and drastically reduces assembly expenditures.

mahle_thermal_management

Other Posts

Global EV sales expected to increase by 21% in 2024

This represents a significant decline from growth rates of 31% in 2023 and 60% in 2022, ABI Research said.

Tesla-Model-Y-1400
GreenPower to deliver 88 school buses to West Virginia in 2025

Type D Beast and Type A Nano Beast school buses will be delivered to school districts in West Virginia in GreenPower’s fiscal year 2025.

GreenPower-WV-delivery
Kia’s electrified model sales grew 9% compared to March 2023

The company also delivered its second-highest first-quarter sales total in company history, capped by March sales of 69,472 units.

kia_EV9_2024
Kumho Tire U.S.A. launches two new EV tire options

The Majesty 9 Solus TA91 EV is ideally suited for drivers of EV coupes, sedans and CUVs, while the Crugen HP71 EV is designed for CUVs and SUVs with an added level of all-weather performance.

Majesty-9-Solus-TA91-EV-Crugen-HP71-EV-Kumho-Tire