BERLIN— Ford Motor Co. said Monday it plans to invest $2 billion in the production of two new fully electric vehicles in Germany and build an electric-car battery plant in Turkey as part of its drive to produce solely electric vehicles in Europe by 2035.
The announcement comes after Ford said earlier this month it was splitting its auto-making business into two parts, one to continue making conventional vehicles with internal combustion engines and another to produce electric vehicles. Ford expects electric vehicles to account for half of global sales by 2030.
