Ford CEO Jim Farley categorical Thursday, with a alternation of tweets, that the automaker is now assured to accomplish 600,000 electric cartage per year globally by the end of 2023. That’s bifold the antecedent plan, and abundant to potentially be advised the number-two EV maker in the U.S. by then—if added automakers accumulate to their accepted plans, that is.
The ambition would acquiesce Ford to jump out advanced of GM, which is targeting 1 actor anniversary EV sales globally by 2025 and 30 new EVs by then, but with abounding of the higher-volume cartage not accession until 2024 and 2025.
And, Farley emphasized, that’s afore a cardinal of added sites appear online.
One of those accessories is the Blue Oval City circuitous in Tennessee it appear in September, that will be architecture approaching electric trucks. Ford is additionally planning to accomplish a aggregate electric car for Europe starting in 2023, and it’s committed to aftermath bristles EVs at a Canadian bulb alpha in 2025.
Electric Ford Bronco outline from Ford Capital Market Day presentation via Mike Levine on Twitter
The aggregation additionally accepted in May that it is developing two committed EV platforms—one for full-size auto trucks and SUVs, the added for cars and abate SUVs—for admission by 2025. That abutting beachcomber of EVs will accompany an electric Explorer, as able-bodied as conceivably an electric Bronco.
In the 2022-2023 timeframe Farley is apropos to, Ford has at atomic two new production-bound electric models in accession to its Mustang Mach-E. The F-150 Lightning joins the calendar about May, 2022; and the E-Transit van is appointed to access for aboriginal deliveries in the U.S. backward in 2021. And Ford’s Lincoln affluence cast has appear that it will barrage a “strikingly modern” aboriginal array electric archetypal in 2022.
2022 Ford F-150 Lightning pre-production
Ford hasn’t provided any contempo amend on the approaching “alternative agent based on Rivian’s skateboard platform,” as Lincoln put it in April 2020, afterwards its aboriginal SUV activity with the cast was canceled. So that ability potentially comprise some of the volume.
GM in October said that it aims to be the EV sales baton in the U.S., although the time anatomy for that wasn’t specified. If Ford sticks to this assembly target, it would finer be leapfrogging accomplished GM. It had already been axis up the calefaction against its acceptable Detroit battling with its three U.S. array plants due starting in 2025 eventually able of authoritative abundant for added than a actor cartage a year. Add Europe and added markets, and we could be attractive at some advantageous U.S.-made aggregate competition—for Tesla, GM, VW, Nissan, and conceivably abounding others.
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