Ford Announces $5 Billion Push Toward Electric Vehicles. Here's What Investors Need to Know.

The strategic investment will likely either start a long-awaited turnaround or damage the company beyond reasonable repair. Big news from Ford Motor Company (F 1.00%): The automaker's investing another $5 billion in its electric vehicle business, hoping to drive much-needed sales growth while simultaneously fending off would-be Chinese competitors. The company made the announcement last week. As exciting as this decision may be, again, it's not exactly Ford's foray into the electric vehicle market. It's the ...