Ford Announced to Go All-electric in Europe By 2030

Ford announced to sell only electric vehicles by 2030 in Europe with plans to spending $1 billion to convert its factory in Cologne, Germany, into its first EV production line.

Following the announcement of Jaguar Land Rover to be all-electric by 2030, with its Jaguar brand electrified by 2025, Ford is the largest carmaker to make such an announcement in Europe, holding a 15% share of the regional market.

“Our announcement today to transform our Cologne facility, the home of our operations in Germany for 90 years, is one of the most significant Ford has made in over a generation,” said Stuart Rowley, president of Ford in Europe.

“It underlines our commitment to Europe and a modern future with electric vehicles at the heart of our strategy for growth.”

The UK has plans to ban sales of new petrol and diesel cars from 2030; meanwhile, France is aiming for the same by 2040.

The news from Ford comes in heels that include phasing out gasoline-powered vehicles in favor of electric power. The automaker giant plans to produce all commercial vehicles by the brand to be electric in Europe by 2024. The plan further extends to converting its entire line-up into electric or plug-in hybrids after two years. While Ford stated that Gasoline-powered commercial vehicles will still be offered for sale in Europe after 2030, they currently see electric models accounting for two-thirds of its European sales.

Also check: Jaguar Car Brand to Go All-electric by 2025

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