Ford shifts a third of their planned internal combustion engine investment to electric cars

doublespaces

doublespaces

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This is a pretty big move for ford considering they have already devoted a large investment into the development of electric cars already. It really highlights the fact that they are trying to move away from the internal combustion engine:

Ford CEO:
Ford is reducing internal combustion engine capital expenditures by one-third and redeploying that capital into electrification – on top of the previously announced $4.5 billion investment.
https://www.reuters.com/article/us-...est-in-trucks-electric-cars-ceo-idUSKCN1C82NL
 
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