Ford accelerates electric vehicle push in Europe with seven new models
Car manufacturer also to build battery gigafactory in Turkey and phase out emissions from vans by 2035
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Car manufacturer also to build battery gigafactory in Turkey and phase out emissions from vans by 2035
Ford will divide into separate electric and combustion engine business units
Will the best-selling hatchbacks be the victims as the US giant belatedly joins the rush to an exclusively battery-powered range?
The company now expects its annual EV sales in Europe to exceed 600,000 units in 2026 as it targets 2 million EV sales globally in that timeframe.
Ford Motor Co. will separate its legacy auto and burgeoning battery-electric vehicle businesses into two “distinct, but strategically interdependent” units within the company, the Dearborn, Mich., automaker said Wednesday.