Ford To Invest Billions for America’s Shift to Electric Vehicles

Ford Motor Company made a historic commitment of paying more than $11 billion to build a reliable supply chain for electric car components and generating over 11,000 jobs in the process. This initiative, the largest in the automaker's 118-year history, would go toward the construction of a new assembly facility dedicated to all-electric F-Series trucks, as well as three battery facilities. The move pits Ford against other automakers that are moving away from internal combustion engines and toward battery-powered vehicles in real-time.