Ford to Invest Additional $450M in Michigan for Hybrid and Plug-in Vehicle Production; Battery System Design and Development to Be In-House Core Competency
Green Car Congress
JANUARY 11, 2010
Ford Motor Company will invest an additional $450 million in its electric vehicle plan, paving the way to build its next-generation hybrid and plug-in hybrid vehicle vehicles in Michigan beginning in 2012. Ford Executive Chairman Bill Ford made the announcement at the end of the first day of the media preview of the Detroit Auto Show.
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