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Ford goes ‘all in’ on electric cars with $11 billion investment

Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what's now just a fraction of the market.

The Ford Company invents the Model T, the first car affordable to the masses

Conceived by Henry Ford as practical, affordable transportation for the common man, it quickly became prized for its low cost, durability, versatility, and ease of maintenance.