Ford Motor to boost spending on electric vehicles to $50 bn

March 3, 2022

By Editor

Ford Motor said it will boost spending on electric vehicles to $50 billion, up from the previous $30 billion, through 2026 and run its EV unit separately from its legacy combustion engine business, in a move aimed at catching industry leader Tesla

Baburajan Kizhakedath

Baburajan Kizhakedath is the editor of GreentechLead.com. He has three decades of experience in tech media.

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electric vehicle

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Ford Motor to boost spending on electric vehicles to $50 bn

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