Ford Plans To Go All Electric In Europe By 2030 – The multinational automaker is spending $1 billion to transform its German manufacturing center. Ford is taking a major approach to its electrification strategy in Europe, stating that all its consumer vehicles will be fully electric by 2030, the company will have one of the aggressive EVroadmaps of any European Automaker. On the company commercial, it plans to have a plug in hybrid (PHEV) or all electric vehicles in two third of its lineup 2030.
Ford Plans To Go All-Electric In Europe By 2030
In the process of fulfilling this process, the company will invest $1 billion into its assembly plant in Cologne, Germany allowing it to manufacture an all-electric model in two years. Which is part of the company’s recently announced $29 billion global investment in electric and autonomous vehicles through 2025. We are charging into all-electric future in Europe, said ford of Europe president Stuart Rowley.
Ford is toping all rivals in commercial sales, but it fell behind Toyota into 9th place in passenger sales in Europe. In the process of investing in its cologne plant, the automaker has cut cost in Europe, having sold off factories and cutting off 10,000 jobs. The company will share additional details, hopefully about new vehicles over the coming months.