Ford Motor Co (F.N) plans to invest an additional $4.5 billion by 2020
in programs to broaden its offerings of hybrids and electric vehicles, Chief Executive
Officer Mark Fields said Thursday.
Fields said it will launch late next year a new version of its Ford
Focus electric car that has a 100-mile range and can recharge in 30 minutes.
Ford also plans to add 13 new plug-in hybrid, hybrid or electric vehicles
to its lineup by 2020, moving to more than 40 percent the share of the
company’s vehicle lines that will be electrified.
Fields said the company sees plug-in hybrid systems – which allow
drivers to operate part of the time on batteries recharged from the grid, and
part of the time on gasoline – as the solution many customers will prefer. The
batteries for plug-in hybrids are not as heavy or expensive as those required
to deliver 200-mile or more range in an all-electric vehicle.
Post a Comment