The electric vehicle market is heating up as Ford pledges $11 billion investment

Ford is going all in on electric vehicles. The American automaker started the week off by announcing that it will drastically increase its planned investments in electric vehicles to $11bn by 2022, a sharp rise from the previously announced target of $4.5bn. Ford also announced it will have 40 hybrid and fully electric vehicles in its model line-up by the end of 2022.

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The electric vehicle market is heating up as Ford pledges $11 billion investment

Ford is going all in on electric vehicles. The American automaker started the week off by announcing that it will drastically increase its planned investments in electric vehicles to $11bn by 2022, a sharp rise from the previously announced target of $4.5bn. Ford also announced it will have 40 hybrid and fully electric vehicles in its model line-up by the end of 2022.

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