Ford Motor has adopted a strategy to electrify its model range in Europe over the next nine years.
By 2026, the company intends to transfer passenger cars to hybrid or all-electric power plants, and by 2030 there will be a complete rejection of internal combustion engines. Light commercial vehicles of the brand in Europe will be transferred to installations without internal combustion engines even earlier - in 2024.
The strategy also includes an investment of a billion euros in the development of a plant in Cologne, Germany, after modernization it will be able to produce hybrid and electric models. The total amount of funds allocated for the development of cars with zero carbon dioxide (CO2) emissions will be $22 billion by 2025.
Ford's German operations will reportedly continue to produce petrol and diesel engines as demand is high.
In its statement, Ford does not say anything about current ICE models in Europe (Focus, Puma, Kuga, EcoSport, Mustang, Mondeo, S-Max, Galaxy and Tourneo). Obviously, the product line will be revised in the near future, although the company is already selling the Mustang Mach-E electric crossover in the Old World (it has been produced since November 2020).
Note that Ford left the Russian market in 2019, leaving only the commercial Transit model on sale. In January 2021, the American company's engine plant in Yelabuga was bought out by the Sollers Ford joint venture.
Ford to phase out ICE passenger cars by 2030
