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Ford CEO says a 'big surprise' coming next year with electric vehicles
PUBLISHED 3 HOURS AGO
Y
Yun Li
@YunLi626
CNBC.COM
"We have 16 models that are in design and development. We have a pretty big
surprise coming next year," Ford CEO Jim Hackett says.
Ford has previously announced its plans to invest $11 billion in electric
vehicles by 2022, and produce 40 hybrid and fully electric cars.
The company is also in the middle of a massive restructuring with an aim to
slash costs by $14 billion over the next five years.
PUBLISHED 3 HOURS AGO
Y
Yun Li
@YunLi626
CNBC.COM
"We have 16 models that are in design and development. We have a pretty big
surprise coming next year," Ford CEO Jim Hackett says.
Ford has previously announced its plans to invest $11 billion in electric
vehicles by 2022, and produce 40 hybrid and fully electric cars.
The company is also in the middle of a massive restructuring with an aim to
slash costs by $14 billion over the next five years.
