Ford’s South Africa unit to invest $281 million in hybrid vehicles

  • Investment will be for its Ranger hybrid vehicle
  • Ford will produce 44,000 units of hybrid Ranger from 2024
  • Ford urged govt to move fast on electric vehicle plan

PRETORIA, Nov 8 (Reuters) – The South African unit of U.S. auto giant Ford (F.N) said on Wednesday it would invest 5.2…

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