Ford to invest $11 Billion in electric vehicles, release 40 models by 2022

At the current North American International Auto Show in Detroit, Ford Motor Company's Chairman Bill Ford uncovered the organization's intends to put $11 billion in electric vehicles by 2022. The organization additionally expects to discharge 40 new half and half and completely electric models in a similar day and age.

The organization intends to move its assets from cars and vehicles with interior burning motors to trucks and electric vehicles. The new speculation figure will likewise be used to build up another electric vehicle design.

"We're all in on this and we're taking our standard vehicles, our most famous vehicles, and we're energizing them...If we need to be effective with jolt, we need to do it with vehicles that are as of now well known", Ford said.