Gas-Powered Cars Like The Mustang Still Crucial To Our Growth, Says Ford | Carscoops carscoops
, and has committed to spending $50 billion in the coming years to invest in new electric vehicles factories and to update old plants to handle the shift away from combustion technology. But that shift is only a partial move as Ford claims gas car sales continue to be crucial to its growth.into an EV business called Model e and a combustion division, Ford Blue. If you had the chance to jump behind one of those sub-firms, odds-on you’d choose Model e.
“In this particular segment, in Mustang, even though the segment may shrink, there’s a lot of speculation that our competitors may leave this segment,” Ford Blue president Kumar Galhotra
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