MENU
SEARCHFord will invest $11 billion in vehicle electrification, and plans to expand its current electrified vehicle portfolio to a total of 40 vehicles.
Photo by Eric Gandarilla.
Photo by Eric Gandarilla.
Ford will invest $11 billion in vehicle electrification, and plans to expand its current electrified vehicle portfolio to a total of 40 vehicles.
The automaker looks to increase its multi-billion dollar investment between now and 2022, and will also launch 16 battery-electric vehicles among the 40 vehicles it will release, the rest will be plug-in hybrids, Ford announced.
Ford also said it will reveal a full battery-electric performance SUV that offers at least a 300-mile range, for a 2020 launch. In addition to shfiting away from internal combustion engines, the automaker will move investments away from sedans to develop more trucks and electric-powered cars.
The $11 billion investment is more than a previously announced $4.5 billion target from Ford designed to be reached by 2020, which will include developmental costs dedicated to electric vehicle architectures, Reuters reports.
Last December, meanwhile, Ford said it was planning on introducing more than 50 new vehicles in China by 2025, which includes 15 battery electric and plug-in hybrid cars, furthering the automakers growth plan in the country. Among the new vehicles, eight are expected to be all-new SUVs.
Detroit-based company says it has begun early development of a system to convert internal combustion Ram 5500 chassis-cab trucks to electric power.
Read More →
Fleet managers are done with the debate—and focused on execution. Learn how to build a practical electrification strategy that aligns infrastructure, operations, and financing while keeping costs controlled and deployment scalable with support from Blink Charging. Discover how smart planning today positions fleets for long-term performance and ROI.
Read More →
New industry group data revealed that light-duty electric vehicle sales are hitting record market share and volumes, while commercial EV volume dipped. What’s driving the fluctuations?
Read More →
For fleet managers, fuel is one of the biggest line items in the budget — and it's one hybrids can shrink without changing how your people work. Download the eBook to see the numbers, understand the technology, and get a step-by-step guide to making the switch.
Read More →
The biggest challenge lies in balancing additional equipment and accessories with EV battery capacity and range.
Read More →
With the expiration of federal incentives, EV success now hinges less on government policy and more on discounts, battery tech progress, increased range, and broader infrastructure.
Read More →
Fleet operators shared their challenges during an annual conference that embraced the latest advances across all aspects of running private- and public-sector vehicles.
Read More →
EVgo, Pilot, ChargePoint and IONNA named; goal is 35k GM-invested DC stalls by 2030, with customer-experience upgrades at sites.
Read More →
EV buyers took advantage of the final federal tax credit days, while average prices edged up for new EVs and continued to decline for used models.
Read More →
But most OEMs record low-volume sales, which means EV profitability remains a distant dream for nearly every automaker.
Read More →
