Ford Mach 1 Returns - As An Electric Performance SUV

Ford Motor Co. says it's doubling its investment in electric and hybrid vehicles and plans to introduce 40 by 2022. | AP file

Ford Motor Co. says it's doubling its investment in electric and hybrid vehicles and plans to introduce 40 by 2022. | AP file

At the Detroit auto show on Sunday, Ford Chairman Bill Ford said the company also plans to offer at least 40 hybrid and all-electric vehicles to consumers in the same year.

Jim Farley, Ford's President of global markets, said that "what we learned from this first cycle of electrification is people want really nice products", urging the industry to "think big" as the competition between automakers increases. "If we want to be successful with electrification, we have to do it with vehicles that are already popular".

"This $11 billion you're seeing, that means we're all in now".

Ford says it will boost its investment in electric vehicles to $11bn (£8bn) in the next five years, more than doubling a previous commitment.

Talks On Terror Can Go On, Not Terror And Talks
CBD was launched by External Affairs Minister Sushma Swaraj during her visit to Islamabad on 9 December 2015. On December 31 the newspaper The Indian Express revealed the meeting between Doval and Janjua.

Stephanie Brinley, an automotive analyst working at IHS Markit has said when asked about the future of electric vehicles: "Part of it is about tougher regulation but also the expectation that electric vehicles will support autonomous driving".

Ford expects fuel economy and pollution standards to become tighter. We will update you once we get an official answer on the matter. Hackett has been credited with plans for the company to play a wider role in the wider transport "operating system" and step up investment in greener vehicles.

For now, Nissan Motor Co Ltd's 7-year-old Leaf remains the world's top-selling electric vehicle and the company's sole battery-only auto - an offering soon to be swamped by new rivals bringing tougher competition that could add pressure to pricing.

The largest single investment is coming from Volkswagen AG, which plans to spend $40 billion by 2030 to build electrified versions of its 300-plus global models. A Ford Explorer features in the teaser announcement video, but it hasn't been confirmed that this is what the electrified Mach 1 will be based on.

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