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Ford has posted a surprise fourth quarter operating profit and pledged to up its investment in electric vehicles. related to Financial, Vehicle manufacturers, Ford Group,

Ford plans to nearly double its investment in electric vehicles through 2025, committing at least $22 billion as it adds models like the Mustang Mach-E and the

DBusiness Magazine Ford Will Invest $29B in EVs and AVs, Reports $36B in 2020 Revenue Dearborn’s Ford Motor Co. ended 2020 with $36 billion in revenue and plans to invest $22 billion in electric vehicles and $7 billion in autonomous vehicles. Ford plans to invest $22 billion in electric vehicles through 2025. Pictured is the 2021 Mustang Mach-E GT, which is electric. // Photo courtesy of Ford Motor Co. Dearborn’s Ford Motor Co. ended 2020 with $36 billion in revenue and plans to invest $22 billion in electric vehicles and $7 billion in autonomous vehicles. “The transformation of Ford is...

Ford, Google Strike Six-Year Partnership Photo: Ford Ford Motor Company and Google reached a six-year agreement to make Google Android the official operating system of the automaker’s vehicles. Beginning in 2023, all new Ford and Lincoln vehicles will have Google apps and services built in. The new partnership also makes Google Cloud Ford’s preferred cloud provider. This gives Ford access to Google’s artificial intelligence, machine learning, and data tools, which Google and Alphabet CEO Sundar Pichai says will aid Ford’s ongoing evolution and benefit customers. “As Ford continues t...

Ford has confirmed it is working with Google to see a rollout of Android-based systems for future Ford and Lincoln vehicles. The two companies will also work to further develop on-board apps and services via a new collaborative group called Team Upshift.