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January 15, 2018 02:18 pm GMT

Ford will boost electric vehicle spending to $11B and offer 40 electrified models by 2022

Ford Motor will boost its investment in electric vehicles to $11 billion by 2022, said chairman Bill Ford at the Detroit Auto Show today. This is a huge increase from the $4.5 billion by 2020 the automaker announced in December 2015 that it planned to invest. Read More

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