DETROIT (Michigan News Source) –Ford Motor Company stated yesterday they will be releasing financial results in a new way.

As of yesterday, the new business structure separates electric vehicles, the profitable internal combustion and commercial vehicle operations into three operating units.

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And with the first official report, Ford announced the electric vehicle business has lost the company $3 billion before taxes he past tow years, and expect to lose a similar amount this year.

Ford says hey believe this branch of the company will see a profit by 2026.