Ford has committed to investing $11 billion (£8bn) in electric vehicles (EVs) by 2022.
The manufacturer plans to release 40 hybrid and fully electric cars by this point.
The planned investment significantly exceeds the firm’s previous target of investing $4.5 billion (£3.3bn) by 2020 and marks a shift in capital investment away from family cars with internal combustion engines to developing more trucks and low carbon vehicles.
Of the 40 EVs planned for Ford’s global line-up, 16 will be fully electric and the rest will be plug-in hybrids.
The carmaker is just one of many to react to pressure from international markets to slash carbon emissions – China, India, France and the UK have all announced plans to phase out combustion engine-powered vehicles between 2030 and 2040.