We are launching a new fully electric SUV – with an expected range of at least 300 miles.
Coming by 2020, it will be among 13 new global electrified vehicles (EVs) coming in the next five years.
These also will include, in 2019, a Transit Custom plug-in hybrid for Europe, and a Mustang Hybrid that will debut in North America in 2020.
The moves are part of a $4.5 billion investment in electrified vehicles by 2020, offering greater fuel efficiency, capability and power across our global vehicle lineup. We are investing $700 million and adding 700 new jobs at our Flat Rock Assembly Plant, in the U.S.
“As more and more consumers around the world become interested in electrified vehicles, Ford is committed to being a leader in providing consumers with a broad range of electrified vehicles, services and solutions that make people’s lives better,” said Mark Fields, Ford president and CEO. “Our investments and expanding lineup reflect our view that global offerings of electrified vehicles will exceed gasoline-powered vehicles within the next 15 years.”
We are also piloting wireless technology to make recharging an electric vehicle as easy as pulling into a parking spot, with FordPass to help reserve charging times. And this year, we will test new generation electric vehicle technology in Europe.
Further electrified vehicles confirmed today include an autonomous vehicle for commercial ride hailing or ride sharing, starting in North America; a hybrid version of the F-150 pickup for North America and the Middle East; and two new hybrid police vehicles for the U.S.
Last year, we announced plans to create an ultra-fast charging network with several other automakers in Europe.