Ford announced on February 17 that it plans for its European sales to be all zero-emission vehicles — all-electric or plug-in hybrids — in 2026 and that it will move to all-electrics by 2030. The plan includes passenger and commercial vehicles.
As part of the plan, it is spending $1 billion to outfit its assembly plant in Cologne, Germany, which will produce the company’s first European-built, volume all-electric passenger vehicle in 2023.
“We successfully restructured Ford of Europe and returned to profitability in the fourth quarter of 2020,” said Stuart Rowley, Ford of Europe president. “Now we are charging into an all-electric future in Europe with expressive new vehicles and a world-class connected customer experience.”
Ford and Volkswagen recently announced a strategic alliance involving vehicle development and parts sourcing.
“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,” Rowley added.