Ford steps up electric vehicle game with $11B investment

Ford steps up electric vehicle game with $11B investment

American carmaker Ford is set on making a statement this year. The company recently announced it will invest $11 billion to improve its electric vehicle capabilities. It is no secret that Ford has lagged behind Tesla, General Motors and other car companies when it comes to the production of electric vehicles. But Ford is set stepping up its game with an $11 billion investment that would produce its own line of 40 hybrid and fully electric vehicles by 2020. Toyota, Volkswagen and General Motors have earlier released similar statements regarding their own electric car fleet. No less than Ford […]