Ford's gas vehicles head to take on expanded role of leading EV unit
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Ford has announced that Andrew Frick, the president of its gasoline vehicles business, will also lead its electric vehicle (EV) unit, which is currently not profitable.
February 05, 2025 | 1:45 pm
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Ford has appointed Andrew Frick, the president of its gasoline vehicles business, to also lead its electric vehicle unit, which is currently losing money.
The appointment of Andrew Frick to lead the EV unit indicates Ford's strategic focus on improving its EV business. However, the immediate impact on stock price is uncertain as the news does not provide specific details on how the EV unit's performance will be improved.
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