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Ford plans to electrify its EV fleet

Posted on 06 April, 2017

Ford has announced plans to electrify most of their fleet by 2025, beginning with two new EVs for the Chinese market. The Mondeo Energi, set to launch in early 2018, will be the first plug-in hybrid manufactured by Ford’s Chinese operations. Another fully electric small EV will be released within five years. According to the Society of Automotive Engineers of China, new-energy vehicles are expected to account for over 15 per cent of total passenger vehicle sales in China by 2025. “The time is right for Ford to expand our EV lineup and investments in China,” said president and CEO Mark Fields in a statement. “We are prioritising our electrification efforts on China to reflect its importance as a global electrified vehicle market.” Ford plans to offer a range of EV vehicles, including hybrids, plug-in hybrids and fully battery-powered electric vehicles. The car maker aims to add electric powertrain options to 70 per cent of the vehicle models they produce by 2025. Nearly $6.5 billion has been invested so far into electrifying Ford's fleet.