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APAC connected vehicle tech market to register CAGR of 4.9% over 2021-26: GlobalData, ET Auto

Auto Industry: With technological advancements, policy support, and evolving consumer preferences, the outlook for connected vehicles in the region appears immensely promising. Against this backdrop, the connected vehicle technologies market in APAC is forecast to reach USD 34.4 million by 2026, registering a compound annual growth rate (CAGR) of 4.9% over 2021-26, according to GlobalData, a leading data and analytics company.
Lucy Tripathi Team Upshift India New Delhi Senior Automotive Analyst Auto Industry Lucy Tripathi

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Ford to say goodbye to petrol in Europe by 2030

SHARE Ford said it will go all-electric in Europe by 2030 as it committed to invest $1 billion to upgrade its main assembly unit in Cologne, Germany. The Detroit car maker is aiming for its entire passenger vehicle fleet in Europe to be “zero-emissions capable, all-electric or plug-in hybrid” by 2026 and be completely electric by 2030. “We are charging into an all-electric future in Europe with expressive new vehicles and a world-class connected customer experience,” Ford Europe’s pre...
South Korea South Korean Ford Europe Stuart Rowley Team Upshift Jaguar Land Rover

Ford confirms all-electric line-up by 2030

►  All-electric range on sale by 2030 ►  Strategic alliance with VW to expand   Ford has committed to a fully electric future for its European operation, with the promise to move to an all-EV line-up in Europe by 2030. Its a far-reaching move to electrifiction that will cost the company $22bn by 2025 – double its original EV spending plans. Ford of Europe president Stuart Rowley says this massive investment and shift of priorities is an attempt to turn around manufacturing, modernise ...
United Kingdom Ford Otosan Martin Hennig Stuart Rowley Team Upshift Works Council Of Ford Werke Gmb

Ford says it plans to sell only all-electric cars in Europe by 2030

Ford says it plans to sell only all-electric cars in Europe by 2030 Ford Motor Company and last updated 2021-02-17 08:41:48-05 According to Ford, in the next five years, the companies plans to make all passenger vehicles in Europe be zero-emissions capable, all-electric or plug-in hybrid. Ford says at that point, the goal will be to go completely all-electric by 2030. As part of the plan, Ford is investing $1 billion in a new electric vehicle manufacturing center in Cologne, Germany. They plan ...
Ford Otosan Martin Hennig Ford Europe Stuart Rowley Team Upshift Works Council Of Ford Werke Gmb

Ford Europe Goes All-In On EVs On Road To Sustainable Profitability; Cologne Site Begins $1 Billion Transformation

Ford Europe Goes All-In On EVs On Road To Sustainable Profitability; Cologne Site Begins $1 Billion Transformation Ford says by mid-2026, 100% of its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid; moving to all-electric by 2030 Ford’s commercial vehicle range in Europe also will be 100% zero-emissions capable, all-electric or plug-in hybrid, by 2024; two-thirds of commercial vehicle sales expected to be all-electric or plug-in hybrid by 2030 ...
Ford Otosan Martin Hennig Ford Europe Stuart Rowley Team Upshift Ford Cologne Electrification Center

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