Ford's 2016 display at the North American International Auto Show.
By 2022, Ford plans to increase their electrification investment by $6.5 billion, Executive Chairman Bill Ford Jr. said at the North American International Auto Show.
With the team working to develop 40 electrified vehicles, including 16 fully battery electric, hybrids and plug-in vehicles, a previously announced $4.5 billion investment jumped to $11 billion.
"We're going to electrify even our most iconic vehicles," Ford said at the show. "The only question is, will the customer be there with us?"
