Ford's European car range to be all-electric by 2030
17 February 2021
Author: Sean Keywood
Ford says every car it sells in Europe will be zero-emissions capable by mid-2026, and will be 100% electric by 2030.
The carmaker's announcement came as it revealed a $1billion investment in its Cologne factory to create a new EV manufacturing centre, where its first European-built volume EV will begin production in 2023.
Ford is planning to invest at least $22billion in electrification globally by 2025, which it says is nearly double its previous EV investment plans.
Production of Ford's first mainstream ground-up EV, the Mustang Mach-E (pictured), started in Mexico late last year.
Ford of Europe president Stuart Rowley said: "We will offer an exceptional range of electrified vehicles, supported by customer-centric digital services and experiences, allowing our customers to come with us on the journey to a fully electric future, starting right now with the launch of the all-electric Mustang Mach-E.
"In combination with our leading commercial vehicle business, this will form the basis of a sustainably profitable Ford business in Europe."
The news comes after Ford announced a return to profitability for its European division in the fourth quarter of 2020, which it attributes to a $1billion improvement in structural costs over the last two years.
It says more details about its electrification plans will be announced in the coming months.