Ford announces new electric cars and vans by 2024 amidst flurry of car maker announcements

Thu 24 March 2022 View all news

Ford has announced plans to  become an all-electric motor company with seven new all-electric cars and vans to be available for sale by 2024. Meanwhile, Nissan, Stellantis and Hyundai have also announced plans to scale-up EV production.

Ford says that the company has created a new global business unit – Ford Model e – focused on the design, production, and distribution of electric and connected vehicles.

With an extended range of electric passenger and commercial vehicle models, Ford says it expects its annual sales of electric vehicles in Europe to exceed 600,000 units in 2026. Much of the new investment and production will be focused on Ford's Cologne facilities.

Stuart Rowley, chair, Ford of Europe said: “Our march toward an all-electric future is an absolute necessity for Ford to meet the mobility needs of customers across a transforming Europe.” 

The company today says it is targeting zero emissions for all vehicle sales in Europe and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035.

Meanwhile, Stellantis has announced its strategic plan for the coming decade with ‘Dare Forward 2030’. The company says that by the end of this decade, 100 per cent of its sales in Europe and 50 per cent of its sales in the USA will be purely battery-electric vehicles. 

Electrive reports that this represents a significant tightening of Stellantis' previous electrification plan: In its strategy published last year, the company said it wanted to achieve 70 per cent of its sales in Europe and 40 per cent in the USA with “low emission vehicles”.

Stellantis CEO Carlos Tavares said: “We plan to have more than 75 BEVs on the market by 2030 and to achieve annual global BEV sales of five million vehicles.” 

In the commercial vehicle sector, Stellantis says it plans electric offerings in all segments, including pickup trucks.

Nissan says it plans to present its new six-part electrified line-up this Summer. Nissan has also announced that it will not introduce any new pure internal combustion engine-powered passenger cars in Europe from 2023.

The company says it expects that 75% of its sales mix in Europe will be electrified by 2026, with the ambition to reach 100% by 2030.

Nissan says it is working on a comprehensive EV Energy Ecosystem, which explores initiatives to optimise and expand battery energy management capabilities.

Meanwhile, Hyundai Motor Company has also presented a new strategic roadmap to accelerate its electrification ambitions. The company has announced plans for the introduction of 17 BEV models by 2030 – eleven of the Hyundai brand, six of Genesis. It says it is in the process of introducing batteries with higher energy densities.

The company has raised its annual BEV sales target from a previously announced 560,000 units by 2025 to 1.87 million units by 2030.

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