Ford to double electric vehicle investment to $11 bn by 2022
American car manufacturer Ford will more than double its investment in electric vehicles to $11 billion by 2022, Chairman Bill Ford said at an event on Sunday. He also said the company plans to have 40 hybrid and fully-electric vehicles in its model line-up. Further, Ford hinted at a performance battery-electric SUV called Mach 1, to be launched in 2020.