Ford accelerates electric vehicle investment

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Carmaker Ford is expanding production of all-electric vehicles after deciding that rapid growth in market meant it needed to accelerate its plans. It is investing about $900m (£682m) in new production capacity at a plant in Michigan, creating about 900 jobs. Ford, the number two US carmaker, also said it would start production of autonomous vehicles in about two years. Carmakers are investing heavily in alternative vehicle (AV) technology because of pressure from regulators in the US, China and Europe to cut carbon emissions.

Source: https://www.bbc.com/news/business-47644323


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