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[–] derram 0 points 1 point (+1|-0) ago 

https://archive.fo/9P6UG :

Ford Goes ‘All In’ on Electric Cars - Bloomberg

'Of the 40 electrified models planned, 16 will be battery-only vehicles. '

'Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market. '

'The carmaker will shell out $11 billion bringing 40 electrified vehicles to market by 2022, Jim Farley, president of global markets, said during a presentation at the Detroit auto show. '

'His replacement Jim Hackett has vowed to cut costs and drop some car models from the lineup to refocus the company’s future on sport utility vehicles, trucks and electrification. '

'With battery costs declining rapidly and regulators around the globe cracking down on the internal combustion engine, automakers have been rushing to step up their game with regards to all-electric models. '


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