Ford Motor said that in Europe, it will offer ”a new generation of seven, all-electric, fully-connected passenger vehicles and vans by 2024.” It plans to sell more than 600,000 electric vehicles each year in the region by 2026. The latest EV proclamation supports the previously announced acceleration of the Ford+ plan with its global goal of 2 million+ annual production of EVs by 2026 and 10% company adjusted EBIT margin by 2026.
“It’s also about the pressing need for greater care of our planet, making a positive contribution to society and reducing emissions in line with the Paris Climate Agreement,” said Stuart Rowley, chair, Ford of Europe. Ford – like virtually all automakers with similar pledges – wants to achieve zero emissions for all its vehicle sales and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035, it said today.
The planned production of electric vehicles in Cologne, Germany is now expected to be 1.2 million vehicles over six years, with a total product investment of $2 billion. Ford today also signed a non-binding MOU with SK On Co., Ltd. and Koç Holding to create commercial vehicle battery production sites in Turkey.* (AutoInformed: Ford “Suspends” Russian Van Manufacturing and Sales; Ford Motor Structure Threatens Viability. Vast Reorg Coming; Ford to Up Electrification Spend to $30B by 2025. Wants 40% All-Electric Global Volume By 2030; Significant 2021 Automotive Stories and Trends)
Seven new EVs by 2024
Following the successful European introduction of the all-electric Mach-E in 2021 and Mach-E GT this year, plus the launch of the E-Transit in the next quarter, Ford today unveiled plans for seven all-electric vehicles to join the Ford family in Europe – three new passenger vehicles and four new commercial vehicles. Starting in 2023, Ford will begin production of an all-new electric passenger vehicle, a medium-sized crossover, built in Cologne with a second electric vehicle added to the Cologne production line-up in 2024. With a claimed 500km driving range on a single charge, the vehicle and its name will be revealed later in 2022, with production commencing in 2023.
In addition, Ford’s top-selling passenger vehicle in Europe, the Puma, will be available as an electric version made in Craiova, Romania, starting in 2024. The Puma was Ford’s best-selling passenger vehicle in Europe in 2021. The Transit range will include four new electric models – the all-new Transit Custom one-ton van and Tourneo Custom multi-purpose vehicle in 2023, and the smaller, next generation Transit Courier van and Tourneo Courier multi-purpose vehicle in 2024.
“These new Ford electric vehicles signal what is nothing less than the total transformation of our brand in Europe…,” said Rowley.
*Subject to execution of a final agreement, the three partners plan to create one of the largest EV battery facilities in the European wider region. The joint venture would be located near Ankara and will manufacture high Nickel NiMC cells for assembly into battery array modules. Production is intended to start maybe by mid-decade with an annual capacity likely to be in the range of 30 to 45 Gigawatt hours. The investment the three partners are planning in the battery joint venture – including support from the Turkish Government – will directly benefit large and small commercial vehicle operators across Europe, reducing energy and running costs, Ford claimed. (Not lithium ion? NiMH rechargeable battery technology twas used globally in most hybrid-electric vehicles, and in many consumer and commercial rechargeable batteries. However, Lithium Ion technology is now preferred by virtually all automakers in new development programs. – Autocrat see: Redwood, Ford, Volvo Recycling EV Batteries from California)
Ford to Sell 600k EVs Annually in Europe by 2026?
Ford Motor said that in Europe, it will offer ”a new generation of seven, all-electric, fully-connected passenger vehicles and vans by 2024.” It plans to sell more than 600,000 electric vehicles each year in the region by 2026. The latest EV proclamation supports the previously announced acceleration of the Ford+ plan with its global goal of 2 million+ annual production of EVs by 2026 and 10% company adjusted EBIT margin by 2026.
“It’s also about the pressing need for greater care of our planet, making a positive contribution to society and reducing emissions in line with the Paris Climate Agreement,” said Stuart Rowley, chair, Ford of Europe. Ford – like virtually all automakers with similar pledges – wants to achieve zero emissions for all its vehicle sales and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035, it said today.
The planned production of electric vehicles in Cologne, Germany is now expected to be 1.2 million vehicles over six years, with a total product investment of $2 billion. Ford today also signed a non-binding MOU with SK On Co., Ltd. and Koç Holding to create commercial vehicle battery production sites in Turkey.* (AutoInformed: Ford “Suspends” Russian Van Manufacturing and Sales; Ford Motor Structure Threatens Viability. Vast Reorg Coming; Ford to Up Electrification Spend to $30B by 2025. Wants 40% All-Electric Global Volume By 2030; Significant 2021 Automotive Stories and Trends)
Seven new EVs by 2024
Following the successful European introduction of the all-electric Mach-E in 2021 and Mach-E GT this year, plus the launch of the E-Transit in the next quarter, Ford today unveiled plans for seven all-electric vehicles to join the Ford family in Europe – three new passenger vehicles and four new commercial vehicles. Starting in 2023, Ford will begin production of an all-new electric passenger vehicle, a medium-sized crossover, built in Cologne with a second electric vehicle added to the Cologne production line-up in 2024. With a claimed 500km driving range on a single charge, the vehicle and its name will be revealed later in 2022, with production commencing in 2023.
In addition, Ford’s top-selling passenger vehicle in Europe, the Puma, will be available as an electric version made in Craiova, Romania, starting in 2024. The Puma was Ford’s best-selling passenger vehicle in Europe in 2021. The Transit range will include four new electric models – the all-new Transit Custom one-ton van and Tourneo Custom multi-purpose vehicle in 2023, and the smaller, next generation Transit Courier van and Tourneo Courier multi-purpose vehicle in 2024.
“These new Ford electric vehicles signal what is nothing less than the total transformation of our brand in Europe…,” said Rowley.
*Subject to execution of a final agreement, the three partners plan to create one of the largest EV battery facilities in the European wider region. The joint venture would be located near Ankara and will manufacture high Nickel NiMC cells for assembly into battery array modules. Production is intended to start maybe by mid-decade with an annual capacity likely to be in the range of 30 to 45 Gigawatt hours. The investment the three partners are planning in the battery joint venture – including support from the Turkish Government – will directly benefit large and small commercial vehicle operators across Europe, reducing energy and running costs, Ford claimed. (Not lithium ion? NiMH rechargeable battery technology twas used globally in most hybrid-electric vehicles, and in many consumer and commercial rechargeable batteries. However, Lithium Ion technology is now preferred by virtually all automakers in new development programs. – Autocrat see: Redwood, Ford, Volvo Recycling EV Batteries from California)