'All in': Ford pledges to more than double green vehicle investment

Ford Mustang Bullitt to be unveiled at Detroit Auto Show 2018

"Selling electrification on just fuel efficiency is not going to pay out when gas is going for $2.50 a gallon", said Ford Executive Vice President Hau Thai-Tang.

The investment figure is sharply higher than a previously announced target of $4.5 billion by 2020, Ford executives said, and includes the costs of developing dedicated electric vehicle architectures.

The 2019 Ford Edge ST is unveiled during the press preview at the North American International Auto Show in Detroit January 14, 2018.

"This $11 billion you're seeing, that means we're all in now", said Bill Ford on Sunday.

Jessica Rose-Clark Dominates Paige VanZant In St. Louis
But after the final horn sounded on the second, VanZant was heard telling her corner her right arm was broken. The Queenslander defeated VanZant by two scores of 29-28 and one of 30-27.

Mr Hackett, who replaced Mark Fields in May, has said he wants to make fewer sedans and internal combustion engines and develop more trucks and electric and hybrid cars.

The new hybrid range will be part of Ford's global electrification strategy, which will see "13 new global electrified vehicles" come ton market in the next five years.

"We're all in, and the only question is will the customers be there with us?". The company now offers just one fully electric vehicle. The Mach 1, the hybrid F-150, and the Mustang hybrid are scheduled should make their debut sometime in 2020. The U.S. automaker declared that it's investing $11 billion by 2022 to increase electrification efforts.

"What we learned from this first cycle of electrification is people want really nice products", Farley said. Ford also told reporters that they are a team and they will launch the conventional vehicles, their most symbolic vehicles and they are going to be electrified.

HTC U11 EYEs with 6-inch screen & dual selfie camera announced
Speaking of which, this phone does sport fast charging, you'll be able to utilize Qualcomm's Quick Charge 3.0 technology here. Leaks have suggested that the smartphone will come in three different color variants - black, silver, and red.

The plan was finalized in recent months after an extensive review, a person familiar with the process said.

With the USA new auto market moving away from sedans and other conventional passenger cars, Ford will focus on trucks, utility vehicles and specialty performance models, such as the Mustang, said Thai-Tang, who succeeded Nair at product development director last June.

The new investment in electric cars is being welcomed by states worldwide, with China, the United Kingdom and France having all announced plans to phase out vehicles powered by combustion engines and fossil fuels between 2030 and 2040.

Deep freeze returns, flood warning for Allegany River in Olean
The water moved toward numerous buildings on campus, and the school's hockey rink was completely surrounded by water. Update: Friday evening, the National Weather Service canceled the flood advisory for northwestern Cuyahoga County .

Related News:

  • Five militants killed as Army foils infiltration bid in Uri

    Five militants killed as Army foils infiltration bid in Uri

    Senior Superintendent of Police, Baramulla Imtiyaz Hussain Mir, said the group had "come with a plan of undertaking a Fidayeen attack".
    Carillion liquidation puts thousands of jobs at risk

    Carillion liquidation puts thousands of jobs at risk

    They have indicated an unwillingness to put more money into the company without direct intervention from the government. Carillion's banks are owed about £900m, in the form of overdrafts as well as credit card facilities and other loans.

    "The World Ends With You Final Remix" Coming to Switch This Year

    But most important of all, The World Ends With You -Final Remix- adds a brand new scenario "that gets to the heart of the story". But this list isn't even the best reason to trust that the Switch will keep up the momentum in the months and years to come.
  • SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

    SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

    The listing on the Tokyo Stock Exchange and possibly in London aims to raise 2 trillion yen ($18bn; £13.1bn). Softbank Group says that while no decision has been made, the listing is an option.
    Casino boat catches fire in Port Richey

    Casino boat catches fire in Port Richey

    About 15 people were rescued and taken to hospitals after complaining about smoke inhalation and chest pains, officials said. All 50 people made it safely to shore, the Coast Guard, which is leading the investigation, told NBC News on Sunday night.
    'Jumanji' Tops the Box Office for Second Week in a Row

    'Jumanji' Tops the Box Office for Second Week in a Row

    The Hugh Jackman film should hit the $100 million milestone by the end of this upcoming week. A drastic drop from its $19 million domestic opening the original had in 2015.
  • Ed Sheeran and Dua Lipa lead nominations for Brit Awards

    Ed Sheeran and Dua Lipa lead nominations for Brit Awards

    The show featured performances from Liam, Paloma, Clean Bandit, J Hus and 2018 Critics' Choice victor Jorja Smith. Grime star Stormzy , singer Rag'N'Bone Man and rapper J Hus join her and Sheeran for the best album prize.
    Former England and West Brom striker Regis dies, aged 59

    Former England and West Brom striker Regis dies, aged 59

    He was a pioneer for black footballers in the game when he played alongside Laurie Cunningham and Brendon Batson at The Hawthorns. He ended his playing days by spending time with Aston Villa , Wolverhampton Wanderers , Wycombe Wanderers and Chester City .
    The Eagles soar into the NFC Championship Game

    The Eagles soar into the NFC Championship Game

    Just in case you haven't heard, the Philadelphia Eagles advance to the NFC Championship with a victory over the Atlanta Falcons . The Eagles nearly scored when Foles picked up a third-down fumble on a botched play, but he was stopped at the 1-yard line.
  • Iraq PM to lead diverse coalition in May election

    Iraq PM to lead diverse coalition in May election

    Abadi was not previously elected prime minister, having taken over after Maliki was pressured to step down in 2014. He said Abadi's election campaign will pave the way for "corrupt" people to return to the government.
    Twin bombing kills 16 in Baghdad

    Twin bombing kills 16 in Baghdad

    According to reports, the twin suicide bombings took place inside central Baghdad's Tayaran Square , reported AFP . Many ambulances had gathered at the site of the bombing and security forces had been deployed in large numbers.
    UN Secretary General pushes for peace in visit to Colombia

    UN Secretary General pushes for peace in visit to Colombia

    ELN peace talks what are the challenges? "It is something that is not done miraculously, from one moment to another". Guterres' visit is the first to a post-conflict Colombia.


Most liked

Marcus Mariota 'Embarrassed' by Titans Loss to Patriots
He has that ability to make those plays game in and game out". "New England has been in the playoffs consistently". Every underdog covered the spread last weekend, with the Titans and Atlanta Falcons pulling out straight up wins.

India to add facial authentication for Aadhaar card security
To get around this, the UIDAI says it can use the photo captured at the time of enrolment for identity verification. The UIDAI will be tapping into its database for the feature.

UAE Says Qatari Fighter Jets 'Intercept' Passenger Plane, Doha Denies
Monday's accusation comes after Qatar accused UAE fighter jets of violating its airspace in December and January. Four UAE-based airlines-Emirates, Etihad, flydubai and Air Arabia-operate flights to Bahrain.

Snow in forecast tonight, Sunday
In northern sections of Door County, the highest totals could approach a foot if long term lake enhanced snow sets up. If you must travel, keep an extra flashlight, food and water in your vehicle in case of an emergency.

Dan Gurney: Pioneering F1 Driver Dies Aged 86
The thoughts and condolences of everyone at PistonHeads are with Dan Gurney's family at this incredibly hard time. With a career that spanned decades and crossed multiple racing disciplines, Gurney was a true renaissance man.

Georgia pastor on Trump's religious council disagrees with president
President Donald Trump blamed Democrats for the stall in talks about a potential immigration deal. Lindsey Graham (R-S.C.), who also attended the meeting, told him the reports were accurate.

African Union: ''Trump must apologize for calling Africans shitholes''
Graham shared a statement on Friday which said: "Following comments by the President , I said my piece to him directly yesterday". Trump's reported comments came during a bipartisan meeting at the Oval Office on Tuesday discussing immigration.

Kevin Anderson Crashes Out of Australian Open
Edmund, who hit 61 winners in his victory, is into the second round at the Australian Open for just the second time, the Brit to face Uzbek Denis Istomin .

Virat Kohli caught using a cuss word on the stump mic
When it was India's turn to bat, KL Rahul and M Vijay began in calm and collected fashion, but only one could push on. Eventually, Rabada was well held by a diving Pandya at deep cover when he could not keep a pull of Ishant down.

Southern California mudslide death toll rises to at least 20, official says
At a church in Santa Barbara , they carried flowers, lit candles and prayed for the families that have lost loved ones. Last night, the Santa Barbara County Sheriff's Office made a plea for information on any of the missing residents.

Mercedes Benz unveils G-Class SUV with new design and interiors
Passengers in the back will be far more comfortable, with an additional 5.9-inches of legroom and 1.1-inches of shoulder room. It has also grown in size when compared to its predecessor and is now 53 mm longer, 121 mm wider and close to 8 mm taller.

Liverpool 4 - 3 Manchester City: Leaders toppled in thriller
Bernardo Silva and Ilkay Gundogan grabbed late consolations for City in the last seven minutes to make it 4-3. If the fans see that you want and give everything, they will stand behind you even more.

Facebook COO Sheryl Sandberg, Twitter CEO Jack Dorsey to exit Disney board
The entertainment giant named two members to its board in December, tapping CEOs from the software and biotech industries. One more board member, Robert Matschullat, is stepping down because he has served for 15 years, the maximum tenure.

Accenture's (ACN) "Buy" Rating Reaffirmed at Cowen
Basswood Cap Management Ltd Liability Corporation reported 0.12% of its portfolio in Knight-Swift Transportation Holdings Inc. Cue Fin Grp Inc has invested 0.16% in General Electric Company (NYSE:GE). 6,864 were reported by Carnegie Capital Asset Ltd.

Grand welcome awaits Congress President Rahul Gandhi in Amethi, Lucknow
But what came as a bigger shock was its dismal show in Amethi and Rae Bareli, which had for always been a Gandhi family bastion. During his two-day visit, the Congress President will visit Hanuman temple and hold roadshows at almost seven places in Amethi .