Ford accelerates electric vehicle investment (via BBC)

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.

Head of global operations Joe Hinrichs said it had “taken a fresh look” at the growth in electric vehicles.

Ford, the number two US carmaker, also said it would start production of autonomous vehicles in about two years.

Full article: https://www.bbc.co.uk/news/business-47644323

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