Monday, June 17, 2024
NewsFord Europe Says It's Going All-Electric by 2030

Ford Europe Says It’s Going All-Electric by 2030

Ford charges up at Mach speed

  • Ford of Europe expects 100 percent of passenger vehicles to be EV by 2030

  • Commercial models will be two-thirds PHEV or EV by same time


Ford has just announced it’s going all-electric, starting off with a new assembly plant in Germany that will start building the brand’s all-electric cars there in two years.

Before you worry about Mustangs and F-150s, this move covers Ford’s vehicle offerings in Europe, not North America. The automaker announced that by mid-2026, its entire passenger vehicle range on the continent will be zero-emissions capable, electric, or PHEV. All of its European passenger vehicles will be electric only by 2030.

The electrification plan covers commercial vehicles as well, with Ford offering all of its commercial offerings as zero-emissions capable, EV, or PHEV by 2024 and expects to have two-thirds of its commercial vehicle sales EV or PHEV by 2030. This will, Ford said, be supported by its alliance with Volkswagen to share development on electric commercial models.

For its first move, Ford is planning to spend US $1 billion on a new plant in Cologne, Germany, and starting in 2023 it will use that plant to build the company’s first Euro-built all-electric passenger vehicle for volume production. Ford said that a second all-electric model could also be built at the plant.

“Our announcement today to transform our Cologne facility, the home of our operations in Germany for 90 years, is one of the most significant Ford has made in over a generation. It underlines our commitment to Europe and a modern future with electric vehicles at the heart of our strategy for growth,” said Ford of Europe President Stuart Rowley.

Ford also recently announced a boost in EV development spending to at least US $22b through 2025, almost double previously announced plans. The automaker said it will continue to announce details of its electrification plan over the coming months.

 

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