We all wondered when it would happen and now we are closer to a date; Ford will build and sell both a hybrid and a battery-electric version of its immensely popular F-150 pickup truck.
This might be news to us but Ford’s had this brewing internally for quite some time. Let’s not kid ourselves: Without the F-150, Ford’s coffers would be empty or nearly by now. This might give you an inkling as to the level of fear the company has should they lose any significant full-size truck market share in North America.
With talks about other companies launching electric trucks, namely Tesla and Rivian, Ford needs to get to work ASAP. The only bit of concrete information we have at the moment is that Ford will introduce a Hybrid variant of the F-150 as early as 2020. The electric version could take a few more years to arrive.
Ford and Volkswagen have just confirmed an alliance where they intend to share development and research costs to foster commercial vans and medium-sized pickups for global markets beginning as early as 2022 – this might coincide with an electric F-150…
Ford has announced its plans to spend upwards of $11 billion on electrifying a large portion of its fleet over the next few years. The outcome will be 16 battery-electric vehicles and 24 hybrids.