The automaker intends to speed up the process of full transition to the production of electric cars


It was reported by Bloomberg agency.

Previously, representatives of Ford said that the automaker will invest $30 billion in the development of electric and autonomous cars until 2025.

The additional spending is expected to help accelerate the process.

At the same time, former Apple and Tesla top manager Doug Field will be responsible for the reorganization of the business.

In particular, the company plans to hire more technical specialists.

Earlier, the market capitalization of automaker Ford for the first time exceeded $100 billion, as the company's shares reached their highest price in 20 years at $25.87 per share.

This success was due to Ford's plans to increase production of electric vehicles, including the Mustang Mach-E crossover and the future electric version of its best-selling F-150 pickup truck.