An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
May 26, 2021 03:39 pm
Original Link: https://www.theverge.com/2021/5/26/22454728/ford-plus-pro-electric-explorer-suv-investment
Ford is making an electric Explorer, boosts EV investment by $8 billion
Ford will spend $30 billion on electric vehicles by 2025, and says 40 percent of its global fleet will be all-electric by 2030. The company is working on an all-electric versions of its Explorer and Lincoln Aviator SUVs. And it’s developing two new electric vehicle platforms: one that will power full-size pickup trucks, and one that can easily flex between all- and rear-wheel drive to fit multiple vehicle types.
The company had previously committed $22 billion to EVs and had announced a goal to be all-electric in Europe by 2030.
Ford is also creating a standalone business for its commercial vehicle division called Ford Pro. The company hopes that by offering more dedicated services to these customers, it can build on what is already a...
Original Link: https://www.theverge.com/2021/5/26/22454728/ford-plus-pro-electric-explorer-suv-investment
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge