Ford says it plans to sell only all-electric cars in Europe by 2030
Ford Motor Company
and last updated 2021-02-17 08:41:48-05
According to Ford, in the next five years, the companies plans to make all passenger vehicles in Europe be zero-emissions capable, all-electric or plug-in hybrid. Ford says at that point, the goal will be to go completely all-electric by 2030.
As part of the plan, Ford is investing $1 billion in a new electric vehicle manufacturing center in Cologne, Germany. They plan to have the company s first European-built, all-electric passenger vehicles to roll off the line by 2023. There s also the potential to build a second vehicle at that plant, Ford said.