Ford Charges Up Its Electric Car Development
DEARBORN, Mich.—Ford Motor Co. is bringing more of its hybrid and electric vehicle development in house as the No. 2 U.S. auto maker by volume prepares to challenge Toyota Motor Corp.’s supremacy in the market.
Ford said it is investing $135 million to construct an advanced electrification center in Dearborn that will employ 1,000 engineers.
“This rapid growth is going to have a major impact on our development capabilities, said Joe Bakaj, Ford’s vice president of Powertrain Engineering.
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