News Link: Ford’s Europe Car Lineup To Be All-Electric By 2030 – By MK (Editor)
Ford Motor C o on Wednesday said its car lineup in Europe will be all electric by 2030. The U.S. automaker races to get ahead of C O 2 emissions targets and looming bans in some countries on fossil fuel vehicles.
The car maker said it will invest $1 billion over the next 30 months to convert its vehicle assembly plant in Cologne, Germany. Which will become the U.S. automaker’s first electric vehicle facility in Europe.
“This reinforces our commitment to the European region,” Stuart Rowley, head of Ford’s European operations, said during a news conference.
Ford said its first European-built, all-electric passenger vehicle will be produced at the facility from 2023. And is considering building a second model there.
The carmaker has a strategic alliance with Volkswagen A G. Under which Ford will use its German partner’s M E B electric vehicle platform to build some models. Rowley said the model out of Cologne will be the first to use Volskwagen’s M E B platform.
The No.2 U.S. auto maker said that by 2026 it will have electric versions of all its passenger cars on sale in Europe. And that by 2030 two thirds of its commercial vehicle sales in Europe will be fully electric or plug-in hybrids.
The company said it will have plug-in hybrid or fully-electric versions of its entire commercial vehicle range available by 2024.
Ford currently dominates the U.S. and European markets for gasoline-powered commercial vehicles.
The car maker said its commercial vehicle business is “key to future growth and profitability.”
Ford said this month it was “doubling down” on connected electric vehicles. Said it will invest $22 billion in electrification through 2025, nearly twice what it had previously committed to E V s.
This week Jaguar Land Rover, owned by India’s Tata Motors, said its luxury Jaguar brand would be entirely electric by 2025. The car maker will launch e-models of its entire line up by 2030.
Last month, Ford’s Detroit rival General Motors Co said it aims to an fully zero-emission lineup by 2035.
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News Link: Ford’s Europe Car Lineup To Be All-Electric By 2030