Tag: Billion

Ford Announces $4.5 Billion Investment in “Electrified” Vehicles by 2020

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– You know that thing where people “cut the cord” to get away and relax? Ford is doing the opposite between now and 2020, positively wrapping itself in electrical cordage and dumping $ 4.5 billion into “electrified” vehicles. The automaker promises the money will go toward battery research and 13 new… Continue reading

Porsche To Invest Around A Billion Euros – More Than 1,000 New Jobs: Green Light For Mission E

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The first 100% electrically powered Porsche is on its way. The supervisory board of Dr. Ing. h.c. F. Porsche AG today gave the green light for the Mission E project. In the words of Dr. Oliver Blume, Chairman of the Executive Board, Porsche is thus ‘beginning a new chapter in… Continue reading