Ford to invest $27 billion in electric and autonomous tech development

ford-to-invest-$27-billion-in-electric-and-autonomous-tech-development

Ford will invest US$22 billion (AU$28 billion) in electric vehicle development by 2025, the US manufacturer has announced.

In a statement following the release of the brand’s fourth-quarter 2020 earnings report, it was also confirmed that a further US$7 billion (AU$9.2 billion) would be spent on expanding autonomous vehicle technologies.  » Read More