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Ford Has Seen GM's Giant Electric Car Gamble And Would Like To Offer A Raise
Ford Has Seen GM's Giant Electric Car Gamble And Would Like To Offer A Raise Photo: Ford GM has said that it will spend $27 billion over the next five years on electric autonomous car development, which sure sounded like a lot until today, when Ford said it would be investing $29 billion. That’s $2 billion more! Also Ford had its first full-year loss in more a decade. Advertisement The $29 billion will be invested in autonomous and electric car development through 2025, Ford said, though numbers from both Ford and GM aren’t much more than marketing at this point. What will matter, inste...
Source: jalopnik.com