Ford plans to invest USD11 billion to launch 40 EVs by 2022

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Circular Economy & Remanufacturing

One of the EVs will be a performance battery-electric SUV called Mach 1

American automaker Ford plans to invest USD11 billion to launch 40 electric vehicles (EV), including 16 battery-only vehicles, by 2022, reports Bloomberg citing Jim Farley, president of global markets at Ford.

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