Friday, 27 September 2024
Home Ford Broadens Electrification Strategy to Reach More Customers, Improve Profitability, Continue to Reduce CO2

The following content is a news release issued by and distributed by . The original news release may be found here.

Ford Broadens Electrification Strategy to Reach More Customers, Improve Profitability, Continue to Reduce CO2

  • Ford broadens electrification choices for customers and adjusts its rollout of pure electric vehicles to deliver a capital-efficient, profitable electric vehicle business, while continuing to significantly reduce carbon emissions over time
  • Ford focuses its next generation of electrified and digitally advanced vehicles where it has competitive advantages – commercial vans, mid-size and large pickup trucks, and long-range SUVs – and will offer a range of electrification options designed to speed customer adoption, including lower prices and longer ranges
  • In its fully electric portfolio, Ford plans to introduce an all-new commercial van that will begin production in 2026 in Ohio, closely followed in 2027 by two new pickup trucks – a medium-sized pickup based on the platform designed by Ford’s California skunkworks team and a next-generation truck to be assembled in Tennessee
  • Ford’s new affordable electric vehicle platform marks a major step forward in the company’s strategy to bend the cost curve on electric vehicles, allowing the company to introduce multiple vehicle styles for both retail and commercial customers at a faster pace, with more personal digital customization
  • Company realigns battery sourcing to be more efficient and contribute to lower overall costs in its electric vehicle portfolio
  • Ford will provide an update on electrification, technology, profitability and capital requirements in the first half of 2025

DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company is taking additional actions to deliver a profitable, capital-efficient and growing electric vehicle business and add even more propulsion choices for customers that generate lower CO2 emissions.

The plan includes adjusting the company’s North America vehicle roadmap to offer a range of electrification options designed to speed customer adoption – including lower prices and longer ranges. In its fully electric portfolio, Ford will prioritize the introduction of a new digitally advanced commercial van in 2026, followed by two new advanced pickup trucks in 2027 and other future affordable vehicles. Ford also realigned its U.S. battery sourcing plan to reduce costs, maximize capacity utilization, and support current and future electric vehicle production....

Organizations
Topics

Read the full news release here

Related Articles

BiodiversityElectricityEnvironmentIndustryInfrastructureRegulationsResiliencyWind

US postpones sale of floating offshore wind leases along Oregon coast

The federal government postponed an Oregon offshore wind auction due to insufficient...

The Pickering Nuclear Generating Station, in Pickering, Ont., is seen on Sunday, Jan. 12, 2020. THE CANADIAN PRESS/Frank Gunn
ElectricityNuclearPoliticsSmall Modular Reactors

Ontario’s first new nuclear reactor in a generation heads to public hearing

Ontario Power Generation is seeking approval to build Canada’s first grid-scale small...

A sign opposing coal development in the eastern slopes of the Livingston range south west of Longview, Alta., Wednesday, June 16, 2021.Alberta's energy regulator says it will go ahead with hearings on coal exploration in the Rocky Mountains despite concerns about the legality of the applications from the province's top court. THE CANADIAN PRESS/Jeff McIntosh
CoalRegulations

Alberta Energy Regulator to hold Rocky Mountain coal hearings despite legal challenge

Alberta's energy regulator will proceed with coal exploration hearings despite legal concerns...

Login into your Account

Please login to like, dislike or bookmark this article.