Ford announces $11B investment, 40 electrified vehicles by 2022

By Editorial Staff Ford will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 electrified vehicles in its model lineup, the company announced Sunday at the Detroit Auto Show.
The investment figure is sharply higher than a previously announced target of $4.5 billion investment in electrification until 2020, Ford executives said, and includes the costs of developing dedicated electric vehicle architectures.
Of the 40 electrified vehicles Ford plans for its global lineup by 2022, 16 will be fully electric and 24 hybrid and plug-in hybrid models. The company currently offers just one all-electric car, the Focus electric, the

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