(MENAFN) American Ford Motor Company, the top carmaker, intends to invest a whopping USD4.5 billion to deliver 13 new electrified vehicles to market by the year 2020, according to the latest reports.
Additionally, there will be additional models from the automaker that are powered by either a plug-in hybrid electric system (PHEV) or exclusively by batteries (BEV) between now and the end of the decade.
However, the only actual product details shown and exposed by Fields were an updated Focus Electric coming in late 2016 and the introduction of the Mondeo Hybrid and C-Max Energi PHEV into the Chinese market.
Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.