![]() In addition to being all-electric by 2030, Ford says that by mid-2026 100% of its European range will be zero-emissions capable, meaning all-electric or plug-in hybrid. The fundamental shift to EV manufacturer has been facilitated by a ground-up restructuring of its European operations, and a return to profitability in the fourth quarter of 2020, led principally by its commercial vehicle operations (the Ford Transit has recently been the bestselling vehicle in the UK, don’t forget). To strengthen its European operations, the company is ploughing $1bn into its Cologne facility to create a new electric vehicle manufacturing hub – with the first EVs rolling off the line by the end of 2023. That’s similar to Stellantis’s €30bn ($33bn) investment to 2025 Volkswagen Group has earmarked €73bn for ‘future technologies’ out to 2025, though over a wider portfolio than Ford’s.įord’s European chief Rowley says its massive investment and shift of priorities is ‘an attempt to turn around manufacturing, modernise the model range and a way to disrupt ourselves.’ It needs to – as Ford of Europe finds itself behind Volkswagen Group, Stellantis and pretty much every other major player in the race to electrify its passenger car range. It’s a far-reaching move to electrifiction that will cost the company $22bn by 2025 – double its original EV spending plans. How Ford is electrifying its whole car range by 2030įord had already committed to a fully electric future for its European operation, with the promise to move to an all-EV line-up in Europe by 2030. The European chief pledged that the Cologne factory – the heart of Ford’s EV plans – will account for 1.2 million units over their lifecycle. ![]() The Ford-VW partnership is key to the company’s electric plans. ![]()
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