Ford commits $4.5bn by 2020 to developing electric cars

Posted on 15 Dec 2015 by Tim Brown

Ford will invest an additional $4.5bn in electrified vehicle solutions by 2020, as well as changing how the company develops vehicle experiences for customers.

Ford intends to add 13 new electrified vehicles to its portfolio by 2020, when more than 40% of the company’s global nameplates will come in electrified versions. This represents Ford’s largest-ever electrified vehicle investment in a five-year period. On the way next year is a new Focus Electric, which features all-new DC fast-charge capability delivering…

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