Ford plans to invest $11 billion in 40 electrified vehicles by 2022

Jim Hackett and Bill Ford presents 2019 ford ranger during the ford press january 14 2018

Ford Motor will considerably increase its scheduled investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and completely electric vehicles in its model lineup, Chairman Bill Ford stated during Detroit auto show. The investment figure is sharply higher than a previously revealed target of $4.5 billion by 2020, Ford executives stated, […]

Ford Creates A Team To Speed Up Development Of Electric Vehicles

Ford logo in their auto plant

Ford Motor has formed a team to speed up worldwide development of electric vehicles, whose objective will be to “think big” and “make quicker decisions,” an executive of the company stated on Monday. One objective of Ford’s “Team Edison” is to determine and develop electric-vehicle partnerships with other companies, consisting of suppliers, in some markets, […]

Ford declares $4.5 billion investment in “Electrified” vehicles by 2020

Ford is positively covering itself in electrical market and unloading $4.5 billion into “electrified” vehicles by 2020. The car manufacturer guarantees the cash will go toward battery research study and 13 brand-new vehicles over the next five years. Specifics in order to which automobiles will certainly count towards Ford’s 13-car claim loom, but the car […]