February 4, 2023

Ford investing billions in EV push:

Up to $20billion has been invested in electrical vehicles in order to increase the value of environment and boosted investor sentiment. The new plan also involves hiring engineers to work on niche concepts such as battery chemistry, AI and the software for electrical vehicles. This highlights the increase in the importance of software and digitalisation of the auto industry. As a result of the investment, the share worth increased by 2.7% for Ford.

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Will you purchase the new EV’s, if yes why? If no, why not?

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