The planned investment is significantly higher than the previously announced target of $4.5bn by 2020.

Of the 40 electrified vehicles Ford plans for its global line-up by 2022, 16 will be fully electric and the rest will be plug-in hybrids, executives said.

https://www.theguardian.com/environment/2018/jan/15/ford-to-invest-11bn-and-have-40-hybrid-and-fully-electric-vehicles-by-2022