Ford takes a step forward in its transformation in Europe, investing in passenger cars and growing and electrifying its commercial car division.
The US firm promised that, by mid-2026, 100% of its portfolio of European passenger vehicles will have a zero-emission version, with fully electric models and plug-in hybrids; and by 2030, they will be completely electric.
By 2024, the entire range of Ford commercial vehicles will feature zero-emission, electric or plug-in hybrid versions. By 2030, two-thirds of Ford commercial vehicle sales are expected to be electric cars or plug-in hybrids.
A new investment of $ 1 billion will also be made to lead Ford’s path towards an all-electric future, with the aim of modernizing the vehicle assembly plants in Cologne, Germany, one of its largest manufacturing centers in Europe and headquarters. from Ford of Europe.
Ford has also confirmed that its first fully electric vehicle built in Europe for European customers will be produced at these facilities starting in 2023, with the potential to build a second 100 percent electric vehicle there, although that possibility is still being explored.
More details on Ford’s electrification plan and the transformation of the Cologne plant will be released in the coming months.