Global automakers are pushing their EV programs into high gear, announcing massive investments and lots of new electric models to be produced in the near future…in China. The Asian giant has the most aggressive electrification strategy of any major country -zero-emission vehicles must make up 10% of new car sales in 2019, and 12% in 2020.
The latest to announce a major Chinese electro-initiative is Ford, which says it will launch 15 new “electrified” vehicles (along with 35 new fossil-powered cars) in China under the Ford and Lincoln brands by 2025. This is in addition to the range of affordable EVs from the new Zotye-Ford joint venture that’s already in the pipeline.
Ford has already announced a new electric SUV, which will be launched in 2019, and will be available globally.
Executive Chairman Bill Ford and new CEO Jim Hackett were in China to make the announcement. “China is not only the largest car market in the world, it’s also at the heart of electric vehicle and SUV growth and the mobility movement,” said Bill Ford. “The progress we have achieved in China is just the start.”
“From luxury Lincolns, to Ford cars and SUVs, to an all-new electric vehicle brand, we will meet the growing desire and need in China for great new energy vehicles,” said Ford China CEO Jason Luo. “Each of them will be safe, efficient, fun to drive and backed by an ecosystem that makes charging, sharing and servicing easy.”