Article XCGW Ford to invest £3bn in electric cars

Ford to invest £3bn in electric cars

by
Graham Ruddick
from on (#XCGW)
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Carmaker plans to launch 13 eco-friendly vehicles by 2020 as regulators call for lower emissions and tech companies encroach on market

Ford is to invest $4.5bn (3bn) in electric vehicles over the next five years as part of a push by global carmakers to overhaul their product range.

The US company will launch 13 eco-friendly vehicles by 2020, meaning that 40% of its models will come in an electric version, up from 13%.

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