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Ford raises EV spending, expects 40% of global vehicle volume to be all-electric by 2030

Updated:
May 28, 2021 19:19 IST
Ford’s growing EV line-up includes Mustang Mach-E, the recently unveiled F-150 Lightning pickup truck, and the all-electric Ford Transit, which is set to go on sale late this year.
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Ford recently unveiled its all-electric F-150 Lightning pickup truck that will be available to customers next year. | Picture by special arrangement.

Ford’s growing EV line-up includes Mustang Mach-E, the recently unveiled F-150 Lightning pickup truck, and the all-electric Ford Transit, which is set to go on sale late this year.
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Ford confirm all vehicles will be fully-electric or plug-in hybrids by 2026

They believe at least two-thirds of all commercial vehicles will be for electric models by 2030.
The brand is set to launch their first fully-electric van, the Ford E-Transit in Spring next year.
The vehicle will be capable of up to 217 miles between charges but is set for a price tag of up to £36,000.
Mr Rowley said the changes have been made as the industry is “changing profoundly”.
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He warned the changes will represent a seismic challenge” but warned this was one the company could meet.
He said: “Our plan at Ford Motor Company is to turn around automotive operations, modernise everywhere and disrupting ourselves. ....

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Ford Says It Will Nearly Double Electric Auto Investment

Ford announced Thursday it is accelerating its investment in electric cars, but cautioned that the industry-wide shortage of semiconductors would pinch profits in 2021. The US auto giant, released fourth-quarter and annual results, and said it plans $22 billion in electric car investment through 2025, nearly twice the earlier plan. ....

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