The all-new Ford Mustang Mach-E is on display at the Houston Auto Show. Ford's first full electric vehicle to compete with Tesla.
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Ford splits gas-powered and electric vehicle businesses but doesn't spin them off
Ford is creating two new business units, one for electric vehicles and software and another for its traditional internal combustion vehicles. These companies will report their financial results separately from the rest of Ford but they will not be spun off as entirely separate companies.
