Ford invests $281million in hybrid vehicle production in South Africa
The automaker urges swift policy action to address the existential threat to the South African auto industry amid EU and UK's electric vehicle ban plans
US automaker Ford has announced an investment of 5.2 billion South African rands (approximately $281 million) to produce a hybrid vehicle in South Africa, according to a Reuters report dated Nov. 9.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
