Ford ups investment in self-driving and electric cars to $29B

ford-ups-investment-in-self-driving-and-electric-cars-to-$29b

2021 Ford Mustang Mach-EFord plans to spend up big in the areas of electric vehicles and self-driving technology, CEO Jim Farley said Thursday during a conference call detailing the automaker’s 2020 financial results. Key measures mentioned by the new Ford CEO include an increase in spending on EVs to $22 billion through 2025, up from a previously announced $11.5b. The…  » Read More