Best cars of Detroit Motor Show 2018: BMW, Ford, Mercedes and more

Allan Goodman
January 18, 2018

"We have a lot of new products coming in the next two years", he said, including 25 new-vehicle launches and a refresh of more than one-third of the Ford portfolio before the end of the decade.

Ford added that of the 40 electric vehicles, 16 models will be all-electric.

Executive Vice President and President for Global Markets Jim Farley said Ford will streamline its small auto lineup worldwide to help make way for electrified performance vehicles.

"We're starting to telegraph where we're going to play in the electrified business around the world", he said.

The company is shifting $500 million in annual spending from conventional gasoline or diesel cars to electrified vehicles.

American automobiles manufacturer Ford Motor will increase more than twice its costs for electric vehicles by boosting its investment in a segment that the automotive industry believes will grow significantly.

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They said the kids would emerge occasionally at the same time to work on the lawn and would head back in together. "It's insane . That address matches that of Sandcastle Day School, whose principal, state Department of Education Records say, is David Turpin.

Ford has upped its investment in electric cars after injecting an additional $11bn (£8bn) towards developing a new range of EVs and hybrids by 2022. The news source notes that battery-electric vehicles (BEVs) like the Chevrolet Bolt, Nissan Leaf and Tesla Model S represent only about one-half of 1% of the USA market, while hybrids and plug-in hybrids are less than 3%. It is estimated that by global automakers are investing over $90 billion in electric auto technology.

Ford also announced that it would begin building a hybrid version of its popular F-150 pickup in Dearborn, Michigan by 2020.

According to the Fuels Institute, the USA market is poised to see an increased share of hybrid and plug-in electric hybrid vehicles being sold in 2018 and beyond. In October, Ford disclosed it had formed a team to accelerate global development of electric vehicles, whose mission is to "think big" and "make quicker decisions".

He skipped the nagging problem that every other major vehicle maker is "all in" on electric cars as well.

With battery costs declining rapidly and regulators around the globe cracking down on the internal combustion engine, automakers have been rushing to step up their game with regards to all-electric models.

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