What would you do with $4.5 billion? Well, Ford Motor Company is going to increase its hybrid and electric vehicle output with an investment of that amount by 2020. What can consumers expect? A new version of the Ford Focus electric car, another 13 new plug-in hybrid, hybrid or electric models, and a focus on plug-in hybrids.
"The company sees plug-in hybrid systems - which allow drivers to operate part of the time on batteries recharged from the grid, and part of the time on gasoline - as the solution many customers will prefer," reads a December 10th Reuters news piece that quotes Ford Chief Executive Officer Mark Fields.
Ford to invest $4.5 billion more in electric car plan by 2020 https://t.co/OVURi2orUq pic.twitter.com/tRqMJtKn8t
— Reuters Business (@ReutersBiz) December 10, 2015
To check out our current lineup of electric and conventional new Fords, visit McMullen Ford at 3401 South Expressway in Council Bluffs at your earliest convenience.
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