Stock market quotes, forex, financial news, forex tools – money-investing.com

American Ford is ready to spend 11 billion US dollars on the development of electric vehicles

 Breaking News
  • US Ministry of Energy predicts reduction of oil prices The US Ministry of Energy has published a monthly report, which turned out to be discouraging. It is expected that in the last quarter of this year the price for...
  • 28 Chinese companies are blacklisted by the US Everyone knows that just in few days two powerful states China and the USA – are starting the next round of the negotiations. Official Beijing has announced that it is...
  • Startup WeWork again in spotlight We have been writing about the startup WeWork, which was forced to postpone the initial public offering. They earn by renting commercial space for a long time in order to...
  • Massive cuts in HSBC HSBC Holdings Plc, the largest bank in Europe and one of the most significant and serious players in the global financial market, has announced the launch of a cost-optimization program....
  • Oil quotes still wait for negotiations Today, at 8.15 a.m. Moscow time, futures for Brent crude oil were trading in London for $ 58.31 per barrel. This is only 0.1% below the closing price of the...
American Ford is ready to spend 11 billion US dollars on the development of electric vehicles
January 15
09:00 2018

Ford Motor Co., a founding member of the world automotive industry, proves that it’s in deeds rather than in declarations that the company keeps up with the times.

Thus, the ambitious plans of the American auto concern to introduce an electric SUV Mach 1 to the market in two years have been announced to the public. The program on “electrification” of models of the Ford concern is planned to be implemented until 2022. The size of the investment is impressive! The amount of the projected investments will be about 11 billion US dollars.
The company’s management plans to produce electric vehicles at the new production facilities of the American automaker. At the moment, the plant is being built; it is located next to the city of Detroit in the United States.

Representatives of the auto giant Ford earlier were more modest in forecasts and plans. For example, it was planned to spend 4.5 billion US dollars on the production of electric versions of cars produced under the Ford brand. The funds were going to be used by 2020.

Three months ago, the company’s management announced that due to the reduction in costs for the production of cars with internal combustion engines, the corporation will save half a billion US dollars. These funds were also decided to be spent on the development of cars equipped with electric engines.

Approximately 7 billion of the planned 11 are planned to be invested in the development of SUVs and pickups, since these models are the most popular in the company’s assortment.
The news of the auto giant has already affected and will still affect the stock quotes of the company.

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

Related Articles

17 Comments

  1. Laci Weymouth
    Laci Weymouth April 27, 12:48

    Thanks a great deal for providing individuals with a very wonderful possiblity to read critical reviews from this blog. It’s always very type and as well ,

    Reply to this comment
  2. Emil Pochintesta
    Emil Pochintesta April 27, 15:36

    very nice post, i surely love this site, carry on it

    Reply to this comment
  3. Brian Lazo
    Brian Lazo April 29, 06:57

    Thanks for the great post on your blog, it really gives me an insight on this topic.*.-”*

    Reply to this comment
  4. Trista Plaisance
    Trista Plaisance April 29, 07:55

    It¡¦s actually a great and helpful piece of information. I¡¦m glad that you just shared this helpful information with us. Please stay us informed like this. Thank you for sharing.

    Reply to this comment
  5. Louie Nungesser
    Louie Nungesser April 29, 16:05

    Wonderful post will be posting this on my blog today keep up the good work.

    Reply to this comment
  6. William Karnes
    William Karnes April 30, 02:23

    I will immediately snatch your rss as I can not to find your e-mail subscription link or newsletter service. Do you’ve any? Kindly permit me realize in order that I could subscribe. Thanks.

    Reply to this comment
  7. Cole Hinrichsen
    Cole Hinrichsen April 30, 02:46

    Only a few blogger would discuss this topic the way you do.~::`:

    Reply to this comment
  8. Yolanda Aarsvold
    Yolanda Aarsvold April 30, 09:44

    You made some decent points there. I looked on-line for the issue and located most people should go along with along with your internet site.

    Reply to this comment
  9. Ingrid Guttormson
    Ingrid Guttormson April 30, 12:48

    As soon as I detected this internet site I went on reddit to share some of the love with them.

    Reply to this comment
  10. Jackie Maerz
    Jackie Maerz May 02, 16:00

    You actually make it seem so easy with your presentation but I find this topic to be actually something that I think I would never understand. It seems too complex and very broad for me. I’m looking forward for your next post, I’ll try to get the hang of it!

    Reply to this comment
  11. Ronald Munnis
    Ronald Munnis May 09, 10:11

    Youre so cool! I dont suppose Ive read anything this way prior to. So nice to seek out somebody by incorporating original thoughts on this subject. realy we appreciate you beginning this up. this fabulous website is one thing that is needed over the internet, someone after a little originality. useful problem for bringing something new towards the net!

    Reply to this comment
  12. Jacelyn Leforge
    Jacelyn Leforge May 14, 10:38

    The the very next time Someone said a weblog, I’m hoping which it doesnt disappoint me up to brussels. I am talking about, I know it was my substitute for read, but I just thought youd have something fascinating to state. All I hear is often a few whining about something that you could fix if you werent too busy in search of attention.

    Reply to this comment
  13. vmix
    vmix July 27, 06:08

    Intresting, will come back here more often.

    Reply to this comment
  14. Painful
    Painful July 30, 21:02

    There is definately a great deal to find out about this subject.
    I love all the points you’ve made.

    Reply to this comment
  15. Hemorrhoids
    Hemorrhoids July 31, 01:07

    Hi there! This post could not be written any better! Reading this post
    reminds me of my old room mate! He always kept chatting about this.
    I will forward this article to him. Fairly certain he
    will have a good read. Thanks for sharing!

    Reply to this comment
  16. mariotempleton
    mariotempleton August 05, 04:36

    Very great post. I just stumbled upon your weblog and wanted to mention that I have truly enjoyed surfing around your weblog posts.
    After all I’ll be subscribing in your feed and
    I hope you write again soon!

    Reply to this comment
  17. Vedo Gee
    Vedo Gee October 03, 02:04

    Thanks a lot for the article post.Much thanks again. Want more.

    Reply to this comment

Write a Comment