Ford EV Investment to Reach $22 Billion by 2025

2021 Ford Mustang Mach-E | Packey Webb Ford | Downers Grove, IL

Ford is many things. It’s one of America’s leading automakers. It’s the powerhouse behind the F-series — the bestselling set of pickups in the U.S. for 44 years running. But it’s also a proponent for environmental progress and protection. That’s why the automaker recently announced a massive $22 billion investment into electric vehicles through 2025.

This news follows a 2018 announcement that Ford would spend $11 billion on developing EVs. The most prominent example of that is the first-ever Mustang Mach-E — an all-electric SUV inspired by the iconic pony car and powered entirely by a battery. The fact that Ford has doubled its EV investment within just a few years reflects its confidence in this segment.

While it’s a hybrid instead of a pure EV, the 2021 Ford F-150 and its class-exclusive 3.5-liter PowerBoost™ Full Hybrid V6 may be a sign of things to come.* There are rumors that the blue oval will introduce an all-electric F-150 in 2022. Considering the best-in-class combined fuel economy and impressive power offered by the PowerBoost™ engine, it seems safe to assume that whatever the F-150 EV looks like, it’ll have more than enough heft to hold its own against the competition.

While Ford has plenty of exciting innovations waiting just down the road, you can take advantage of its forward-thinking nature today by test driving a new or used model at Packey Webb Ford.