Bill Ford Jnr, executive chairman of Ford Motor, said the company will invest US$11 billion to build electric cars. Photo: AP Photo

Global carmakers’ electric push takes overall investment to US$90 billion

But carmakers, including Toyota and Nissan, feel that it will take a long time before electric models can make a serious dent in sales of petrol vehicles

Topic |   Autos

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Bill Ford Jnr, executive chairman of Ford Motor, said the company will invest US$11 billion to build electric cars. Photo: AP Photo
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