Nissan Max-Out Convertible Concept Unveiled At Nissan Futures Event

More

Mercedes-Benz GLE Gets New PHEV Powertrain, Fresh Look

More

2024 Mazda CX-90 Plug-in Hybrid SUV Unveiled

More

Audi Activesphere Concept is luxury crossover that turns into a pickup

More

Truemag

  • Electric Car News
  • Electric Car Reviews
  • Plug-in Hybrids
  • Technology
  • Home
  • About Us
  • Privacy Policy
  • Advertise
  • Charging Map

Ford announces $11B investment, 40 electrified vehicles by 2022

Ford will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 electrified vehicles in its model lineup, the company announced Sunday at the Detroit Auto Show.

The investment figure is sharply higher than a previously announced target of $4.5 billion investment in electrification until 2020, Ford executives said, and includes the costs of developing dedicated electric vehicle architectures.

Of the 40 electrified vehicles Ford plans for its global lineup by 2022, 16 will be fully electric and 24 hybrid and plug-in hybrid models. The company currently offers just one all-electric car, the Focus electric, the Fusion and C-MAX hybrids and plug-in hybrids, and the Lincoln MKZ hybrid, for a total of six electrified vehicles.

“What we learned from this first cycle of electrification is people want really nice products.”

“We’re all in on this and we’re taking our mainstream vehicles, our most iconic vehicles, and we’re electrifying them,” Ford told reporters. “If we want to be successful with electrification, we have to do it with vehicles that are already popular.”

Ford also said that it would begin building a hybrid version of its popular F-150 pickup by 2020. It hinted at a fully electric car to come in that same year, but did not provide specifics.

Jan 15, 2018Blagojce Krivevski
BMW Group sold 103,080 electrified vehicles in 2017Nissan Xmotion Concept SUV unveiled in Detroit
You Might Also Like
 
Ford Mustang Mach-E makes European debut in London
 
Ford Focus Electric Leads Green Charge At LCV 2013
Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

January 15, 2018 Electric Car News2018 Detroit Auto Show, Detroit Auto Show, ford
Follow Us
  • facebook
  • twitter
  • google-news
  • linkedin
  • youtube
  • instagram
  • feedburner
Recent News
Renault Megane E-Tech 100% electric enhanced with new flagship Iconic specification
February 2, 2023
New Range Rover Velar Gets Improved PHEV Powertain, New Interior
February 2, 2023
Hydrogen Vehicle Systems awarded £6.6 million to develop autonomous zero-emission HGV
February 2, 2023
NIO Provides January 2023 Delivery Update
February 2, 2023
XPeng Announces EV Sales Results For January 2023
February 2, 2023
About
ElectricCarsReport.com ElectricCarsReport.com is a website dedicated to pure electric vehicles and the full range of consumer information and tools about electric cars, green technology energy, and the environment.
Latest News
Renault Megane E-Tech 100% electric enhanced with new flagship Iconic specification
February 2, 2023
New Range Rover Velar Gets Improved PHEV Powertain, New Interior
February 2, 2023
Hydrogen Vehicle Systems awarded £6.6 million to develop autonomous zero-emission HGV
February 2, 2023
Subscribe

Sign up for our newsletter to receive the latest news and event postings.

Get in touch

Email: [email protected]

Archives
  • facebook
  • twitter
  • google-news
  • linkedin
  • youtube
  • instagram
  • feedburner
DMCA.com
© ElectricCarsReport.com | All Rights Reserved.