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Ford goes ‘all in’ on electric cars with $11 billion investment
January 16, 2018 /
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. That’s up from the $4.5 billion that Ford said in late 2015 it would invest through the end of the decade.
Keith Naughton, Ryan Beene and Gabrielle Coppola
http://www.chicagotribune.com/business/ct-biz-ford-electric-cars-20180115-story.html
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