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Ford sets emissions reduction goals to reach carbon neutrality

Spearheading the move to electric is the $1 billion (£730m) investment to transform the company’s vehicle assembly facility in Cologne into a centre for the manufacture of electric vehicles, Ford’s first such facility in Europe. The next generation Ford Transit Custom range will include all-electric models built by Ford Otosan in Turkey, further advancing the brand’s electrification strategy and commercial vehicle leadership in Europe. “We will lead in achieving carbon neutrality because it’s the right thing for customers, the planet and for Ford,” said Bob Holycross, chief environment and sustainability and safety officer, Ford Motor Company. “95% of our carbon emissions today come from our vehicles, operations and suppliers, and we’re tackling all three areas with urgency and optimism.”

Ford aims to become carbon neutral by 2050 by committing to electricity

Ford aims to become carbon neutral by 2050 by committing to electricity By Pritesh Ruthun Share JOHANNESBURG - On the road to building a better world for future generations, Ford has announced significant greenhouse gas emission targets in its 2021 Integrated Sustainability and Financial Report summary, as the company aims to achieve carbon neutrality by 2050. Ford has used the approach of the Science Based Targets initiative (SBTi) to set interim emissions targets that are in line with what the latest climate scientists deem necessary to meet the goals of the Paris Agreement. The 2035 targets consist of reducing absolute greenhouse gas emissions from company global operations by 76% and from new vehicles sold globally by 50% per kilometre.

Fully electric 2023 Ford Transit Custom confirmed, with hybrid and ICE options

Fully electric 2023 Ford Transit Custom confirmed, with hybrid and ICE options
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Ford Just Announced Another Battery-Electric Commercial Van

Author Bio John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john rosevear Ford Motor Company (NYSE:F) said today that it will add a battery-electric version of its midsize Transit Custom to its commercial-van lineup in 2023. The next-generation version of the Transit Custom, a midsize commercial van popular in Europe, will also be offered in plug-in hybrid and so-called mild hybrid versions, as well as conventional internal-combustion and the new fully electric iteration, when it debuts in about two years, Ford said.

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