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Ford to build a 300-mile electric SUV and hybrid Mustang
Ford just made a big electric vehicle announcement, saying it will build a hybrid Mustang and F-150 truck, along with a fully electric SUV with 300 miles of range, all by 2020. The $4.5 billion investment will make it the latest automaker to fully commit to a heavily electric and hybrid road map, joining Mercedes, Volkswagen and others. "Our investments and expanding lineup reflect our view that global offerings of electrified vehicles will exceed gasoline-powered vehicles within the next 15 years," said President and CEO Mark Fields in a statement.
