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Ford announces a historic restructuring as it pivots to an electric future

The American automaker is going to split its auto business into two units — Ford Blue and Ford Model E. They will be housed under the same corporate umbrella.
The Ford Bronco logo is displayed on a vehicle in Colma, Calif., on Jan. 5. The American automaker is splitting its auto business into two units.

Ford's Model T reshaped the 20th century. Tesla's Model 3 is transforming the 21st.

Now, meet "Model E" — part of Ford's big plan to bridge its gas-powered past and its battery-powered future through a major restructuring of its business.

Ford is splitting its auto business into

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