You are here

Ford to pump US$4.5b into electric vehicles

Adding 13 electric cars and hybrids by 2020 will take share of lineup to 40% from 13% now

MR NAIR: "We've got to educate the customer about the advantages of not just the battery-electric vehicles, but plug-in hybrids."

Southfield, Michigan

FORD Motor Co says it is investing US$4.5 billion in electrified vehicles, responding to regulatory pressure with a bet on technologies that have struggled to attract buyers in the US as fuel prices stay low.

The carmaker will add 13 electric cars and hybrids...

Market voices on: