Ford to launch 7 new EVs in Europe by 2024 : shares


Ford Motor Co. mentioned it plans to roll out seven new electrical vehicles in Europe by 2024, together with 4 electrical industrial autos. With the rollout of the brand new electrical fashions in Europe, Ford mentioned it now expects annual gross sales of electrical vehicles in Europe to exceed 600,000 items in 2026. The corporate is focusing on the sale of two million electrical vehicles globally by 2026.

The carmaker mentioned additionally it is focusing on zero emissions for all car gross sales in Europe and carbon neutrality throughout its European footprint by 2035. “Ford is all-in and shifting quick to satisfy the demand in Europe and across the globe,” Ford Chief Government Jim Farley mentioned.

The brand new fashions of electrical vehicles to be rolled out in Europe embody a medium-sized crossover and an electrical model of the Ford Puma, Ford’s top-selling passenger automobile in Europe. The Puma can be manufactured beginning in 2024 on the firm’s website in Craiova, Romania, which Ford mentioned will play a big position within the firm’s electrical car development plans in Europe.

To assist its manufacturing efforts, Ford mentioned it signed a non-binding memorandum of understanding with SK On Co. Ltd. and Koc Holding to create considered one of Europe’s largest industrial car battery manufacturing websites in Turkey.

https://www.marketwatch.com/story/ford-to-release-new-electric-cars-in-europe-by-2024-271647253645?mod=mw_quote_news



Source link

Related articles

How you can FIRE in Your 40s on a Instructor’s Wage (or Common Revenue) (Finance Friday)

Is it doable to achieve FIRE by 45, even on a instructor’s wage or an common earnings? As we speak’s visitor is proving that, sure, you'll be able to retire early, no matter...

Q1 Earnings Season Poses Subsequent Huge Take a look at for the S&P 500 Amid Commerce Warfare Menace

Wall Road’s Q1 earnings season is upon us, and the stakes are excessive. The potential for a commerce battle looms massive, casting a shadow over company outlooks and investor sentiment. I used the InvestingPro Inventory...

Jerry Jones honored with Vitality Workforce & Know-how Council’s 2025 Platinum Award

The Vitality Workforce & Know-how Council (EWTC) proudly acknowledged Jerry Jones, Proprietor, President, and Normal Supervisor of the Dallas Cowboys and majority shareholder of Comstock Sources as a recipient of the 2025 Platinum...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com