Business
Ford to invest $27 billion in electric and autonomous tech development – CarAdvice
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…
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.
It is unclear if these figures take into account money that will go towards Ford’s joint EV ventures such as Rivian, or instead if refers solely to spending earmarked…
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