Ford Is All In on EVs. One Analyst Isn’t Buying It.

Ford Motor made waves this week, announcing plans to create separate business units inside the company, one for electric vehicles and the other for traditional cars. Management believes that is the best way to win the coming EV wars.

Morgan Stanley analyst Adam Jonas isn’t buying it. He doesn’t think the new structure will lead to Ford hitting its ambitious EV goals, although he said the company (ticker: F) may have set a pattern other traditional car companies can follow.