Faced with the "catfish effect" that emerging taxi company Tesla brings to the entire car industry, many traditional car makers have had to advance their plans for electric cars and autonomous vehicles.
On Sunday, Ford Chairman Bill Ford announced at the Detroit Motor Show that Ford is ready for a substantial increase in spending on electric vehicles, which will reach 11 billion U.S. dollars by 2022.
Bill Ford said: 'We are fully committed and we are working hard to transform our mainstream car, the iconic car into an electric car.'
Embrace electric cars! Ford to invest 11 billion U.S. dollars in electric cars by 2022 Ford Motor Co., the global head of marketing Jim Farley, also said Sunday that Ford has twice as much funding for pure electric vehicles and hybrid vehicles as Valery explained that because of the need to build a dedicated electric vehicle platform, With 40 models of electric vehicles and hybrid vehicles being developed, 16 of them are battery electric vehicles, so the investment will increase.
Valey also said Ford is preparing to bring a high-performance utility vehicle to the market by 2020. Ford F-150 pickups are quite popular and in 2020 Ford is preparing to make the hybrid F-150 at Dearborn, Michigan .
It is reported that Ford is planning to launch 40 models of electric vehicles by 2022, of which 16 are pure electric vehicles, and the other 24 are plug-in hybrid vehicles.
