Ford
Motor Company is investing $4.5 billion
investment in electrified vehicles by 2020, offering customers greater fuel
efficiency, capability and power across Ford’s global vehicle
lineup.
The plans are part of the company’s expansion to be an automotive and a “mobility” company, including
leading in electrified and autonomous vehicles and providing new mobility
solutions.
The automaker also
announced plans to invest $700 million to expand its Flat Rock Assembly Plant
in Michigan into a factory that will build high-tech autonomous and electric
vehicles along with the Mustang and Lincoln Continental. The expansion will
create 700 direct new jobs.
This incremental
investment in Flat Rock Assembly Plant comes from $1.6 billion the company
previously had planned to invest in a new plant in Mexico.
The company has
detailed seven of the 13 new global electrified vehicles it plans to introduce
in the next five years, including hybrid versions of the F-150 pickup and
Mustang in the US, a plug-in hybrid Transit Custom van set to bow in Europe and
a fully electric SUV with an expected range of at least 300 miles that will be
marketed for customers globally.
“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,” claimed Mark Fields,
Ford president and chief executive officer. “Our investments and expanding lineup reflect our view that global offerings
of electrified vehicles will exceed gasoline-powered vehicles within the next
15 years.”
Fields added that the principal drivers of the 'electric vehicle revolution' are technology, the higher cost of reciprocating engines to meet emissions regulatations and the higher cost of fuel.
Fields added that the principal drivers of the 'electric vehicle revolution' are technology, the higher cost of reciprocating engines to meet emissions regulatations and the higher cost of fuel.
Ford is focusing its
EV plan on those of its areas that it believes are its strength – electrifying its most popular, high-volume light commercial vehicles, pick-up
trucks, SUVs and performance vehicles to make them even more capable,
productive and fun to drive.
The seven global electrified
vehicles include:
• An all-new fully electric small SUV, coming by 2020,
engineered to deliver an estimated range of at least 300 miles, to be built at the
Flat Rock plant and sold in North America, Europe and Asia
• A high-volume autonomous vehicle designed for
commercial ride hailing or ride sharing, starting in North America. The hybrid
vehicle will debut in 2021 and will be built at the Flat Rock plant
• A hybrid version of the best-selling F-150 pickup
available by 2020 and sold in North America and the Middle East. The F-150
Hybrid, built at Ford’s Dearborn Truck
Plant, will offer powerful towing and payload capacity and operate as a mobile
generator
• A hybrid version of the iconic Mustang that will
deliver V8 power and even more low-end torque. • • The Mustang Hybrid, built at
the Flat Rock Plant, debuts in 2020 and will be available in the North America
to start
• A Transit Custom plug-in hybrid available in 2019 in
Europe engineered to help reduce operating costs in even the most congested
streets
• Two new, pursuit-rated hybrid police vehicles. One
of the two new hybrid police vehicles will be built in Chicago, and both will
be up-fitted with their police gear at Ford’s dedicated police vehicle modification center in Chicago
• In addition, Ford announces that its global utility
lineup will be the company’s first hybrids
powered by EcoBoost rather than naturally
aspirated engines, furthering improving performance and fuel economy.
The company also plans
to be as aggressive in developing global electrified vehicles services and
solutions. These include EV fleet management, route planning and telematics
solutions.
Building the future
To support the new era of vehicles, Ford is adding 700
direct new U.S. jobs and investing $700 million during the next four years,
creating the new Manufacturing Innovation Center at its Flat Rock Assembly
Plant. Employees there will build the all-new small utility vehicle with extended
battery range as well as the fully autonomous vehicle for ride-hailing or
ride-sharing –
along with the iconic Mustang and Lincoln Continental.
“I am thrilled
that we have been able to secure additional UAW-Ford jobs for American workers,” said Jimmy Settles, UAW vice president, National Ford Department. “The men and women of Flat Rock Assembly have shown a great commitment to
manufacturing quality products, and we look forward to their continued success
with a new generation of high-tech vehicles.”
This incremental
investment in Flat Rock Assembly Plant comes from $1.6 billion the company
previously had planned to invest in a new plant in Mexico.
Ford today announced
it is cancelling plans for the new plant in San Luis Potosi, Mexico. It also
announced that, to improve company profitability and ensure the financial as
well as commercial success of this vehicle, the next-generation Focus will be built
at an existing plant in Hermosillo, Mexico. This will make way for two new
iconic products at Michigan Assembly Plant in Wayne, Michigan, where Focus is
manufactured today – safeguarding
approximately 3,500 U.S. jobs.
Electrification technology
Building on two decades of experience, Ford claims it is
applying lessons learned to deliver patented technology, software and services
to appeal to truck customers, SUV owners, performance enthusiasts, high-volume
commercial fleets and everyone in between.
“Ford’s
global EV strategy is to build on our strengths,” pointedly said Raj Nair, executive vice president, product development, and chief
technical officer. “While some others seem
to be focused on marketing claims and numbers, we’re focused on providing customers even more of what they love about
their Ford vehicles. This means more capability for trucks, more productivity
for commercial vehicles and more performance for sports cars – plus improved fuel economy.”
This year, Ford begins
testing its new generation of EV technology. In Europe, Ford will put the
Transit Custom plug-in hybrid on the road later this year, along with a new set
of mobility services, telematics and connectivity solutions.
In addition, in New
York and several major US cities, Ford is testing a fleet of 20 Transit Connect
hybrid taxi and van prototypes in some of the world’s most demanding traffic conditions.
These Transit Connects
build on the success of what Ford claims is the world’s first hybrid taxi – the Ford Escape
Hybrid –
which also was the world’s first hybrid SUV and the first North American-built hybrid. Many
Escape Hybrid taxis are still on the road, moving passengers for more than
350,000 miles each and still using their original batteries.
Today, Ford is America’s top-selling plug-in hybrid brand and second in overall U.S.
electrified vehicle sales.
Ford already has a
memorandum of understanding with several other automakers in Europe to create
an ultra-fast charging network projected to be significantly faster than the
most powerful charging system deployed today. An initial target of about 400
sites in Europe is planned. By 2020, consumers should have access to thousands
of high-powered charging points.
Ford also is piloting
wireless technology on company EVs in the US and Europe that make recharging “as
easy as pulling into a parking spot” so drivers never forget to recharge.
Wireless recharging extends electric-only range for short distance commuters,
even during quick stops. FordPass also can help
consumers reserve charging times.
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