Ford ups investment in EVs, says they’ll be “fundamental” to the Lincoln brandFord ups investment in EVs, says they’ll be “fundamental” to the Lincoln brand

2021 Ford Mustang Mach-EFord CEO Jim Farley announced Thursday that the automaker will increase its investment in electric cars, and reiterated that EVs for Ford’s Lincoln luxury brand are still on the way. As part of a report of Ford’s 2020 fourth-quarter and full-year financial results, Farley said the automaker will now invest $22 billion in electrification through…Ford CEO Jim Farley announced Thursday that the automaker will increase its investment in electric cars, and reiterated that EVs for Ford’s Lincoln luxury brand are still on the way. As part of a report of Ford’s 2020 fourth-quarter and full-year financial results, Farley said the automaker will now invest $22 billion in electrification through…2021 Ford Mustang Mach-EFord CEO Jim Farley announced Thursday that the automaker will increase its investment in electric cars, and reiterated that EVs for Ford’s Lincoln luxury brand are still on the way. As part of a report of Ford’s 2020 fourth-quarter and full-year financial results, Farley said the automaker will now invest $22 billion in electrification through…Ford CEO Jim Farley announced Thursday that the automaker will increase its investment in electric cars, and reiterated that EVs for Ford’s Lincoln luxury brand are still on the way. As part of a report of Ford’s 2020 fourth-quarter and full-year financial results, Farley said the automaker will now invest $22 billion in electrification through…