YPSILANTI, MI – Ford Motor Co. is bringing development of continuously variable transmissions and battery packs in-house for its next-generation hybrid-electric vehicles in order to further develop a core competency in the technology, a top engineer says. The auto maker today says it plans to invest $135 million to develop a new CVT at its Van Dyke, MI, transmission plant and lithium-ion battery packs at its Rawsonville, MI, components facility. Some $10 million of the $135 million ...
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