Ford Is Investing Another $20 Billion in Electrification
Ford has already announced major investments in electrification, but the American automaker isn’t done with its moves, obviously. There is speculation that the company is working on a major reorganization to prepare for the electric future, and is in fact using Tesla's success as a model to follow.
The move is part of a clear goal being formulated by Ford CEO Jim Farley, which is to dent, perhaps even abolish, Tesla's dominance in the field of electric vehicles. And to achieve that, the work done by Elon Musk's company is being used as inspiration. Shopicar.com, 100% online, shop for your next car, buy online and get it delivered to you anywhere in Quebec!
According to a source who did not wish to be identified, Ford is even considering launching a sub-division, which may help draw in investors who lately have been favouring start-up companies. Ford has not commented on the matter, but it’s pretty clear there is a lot of discussion behind the scenes.
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