The Ford logo is pictured at the Ford Motor Co plant in Genk,Belgium December 17, 2014. REUTERS/Francois Lenoir/File Photo
Feb 1 (Reuters) – Ford Motor Co (F.N) is planning new investment of up to $20 billion in building its electric vehicles, Bloomberg News reported on Tuesday.
The new investment will be spread out over the next five to ten years, the report said.
Ford was not immediately available for comment.
Reporting by Nivedita Balu in Bengaluru; Editing by Krishna Chandra Eluri
Keyword: Ford to invest up to $20 billion in EV push- Bloomberg News