Funding within the new electrical passenger autos to be in-built Cologne is predicted to be $2 billion, Ford stated. The funding features a new battery meeting facility scheduled to start out operations in 2024.
The Puma electrical crossover will arrive in 2024 and will likely be constructed at Ford’s manufacturing unit in Craiova, Romania. Ford can even construct the brand new Transit Courier and Tourneo Courier vans in Craiova from 2023, with all-electric variations coming in 2024. The vans are at the moment produced in Turkey.
With its expanded lineup, Ford expects its annual gross sales of EVs in Europe to exceed 600,000 items in 2026. The automaker additionally affirmed its intention to ship a 6 p.c EBIT margin in Europe in 2023.
“Our march towards an all-electric future is an absolute necessity for Ford to fulfill the mobility wants of consumers throughout a remodeling Europe,” Ford of Europe Chairman Stuart Rowley stated in a press release.
The Ford Transit gentle industrial car vary’s 4 new electrical fashions will likely be:
- A Transit Customized 1-ton van out there as an EV in 2023
- A Tourneo Customized multi-purpose compact car out there as an EV in 2023
- A small Transit Courier van EV in 2024. This car has already been introduced for Craiova in Romania
- A Tourneo Courier multi-purpose car EV in 2024
Ford additionally stated on Monday that it had signed an agreement with SK On and Koc Holding to collectively construct a battery manufacturing facility in Turkey.
