Socialpost

Complete News World

Ford is accelerating its journey towards an all-electric future in Europe

Ford is accelerating its journey towards an all-electric future in Europe

Ford’s plant in Valencia, Spain has been selected for the next generation of electric vehicle engineering

Vienna

  • Ford is taking the next step in its transformation and selecting the Valencia plant as the best vehicle production facility based on Ford’s next generation of electric vehicle engineering.
  • Ford is reaffirming its commitment to Germany with a $2 billion investment in a state-of-the-art center for electric vehicles in Cologne, Germany, which will begin production in late 2023.
  • The resolution supports Ford’s goal of achieving zero emissions and carbon neutrality in all European locations, logistics and suppliers for all vehicle sales in Europe by 2035.

Ford Europe today announced another significant step toward an all-electric future, confirming that the plant in Valencia, Spain has been selected as the preferred assembly site for vehicles that will build on Ford’s next-generation electric vehicle architecture. Subject to the relevant product decision, the Valencia plant could produce new, electric and connected cars later this decade.

At the same time, Ford is also proceeding with the transformation of its factory in Cologne, which was backed by an investment of two billion dollars. From 2023, the first production of Ford electric cars in Europe will begin at the Cologne Electric. Ford’s European strategy includes a pioneering electric vehicle offering, including the battery-electric version of the popular Ford Puma, as well as expanding its leadership in the light vehicle segment with Ford Pro electric models and connected services. As of 2026, Ford wants to sell 600,000 electric cars annually in Europe.

See also  A new type of electric motor could revolutionize electronic cars

“To grow and thrive, we can accept nothing less than great products, an outstanding customer experience, incredibly simple operations, and a talented and motivated team,” said Jim Farley, Ford’s president and CEO. “

Sales of electric cars in Europe continue to grow rapidly (up 65 percent to 2.3 million vehicles in 2021), and the European Parliament decided earlier this month to allow only battery-electric cars and trucks to be sold from 2035 onwards.

“We are accelerating our transformation in Europe, rethinking how we run our business and building a future where incredible vehicles and an ongoing focus on customer experience go hand in hand with protecting our planet,” said Stuart Rowley, Ford of Europe president. and Head of Transformation and Quality at Ford Motor Company.

The launch of our all-new electric vehicle engineering in Valencia will help us build profitable businesses in Europe and secure skilled jobs. It will also expand Ford’s range of premium, high-performance electric vehicles to meet the demands of our European customers.

The decision announced today is the result of extensive consultations with the teams of Valencia in Spain and Sarluis in Germany. The Ford plant in Saarlouis will continue to produce the Ford Focus. At the same time, Ford will evaluate options for future concepts for this site.

Ford confirms its commitment to Germany as a location

Today, Ford also reaffirmed its commitment to Germany as the headquarters of its European-style electronics business and the site of Europe’s first electric vehicle manufacturing facility. Production of the advanced Cologne Electricity Center will begin at the end of 2023.

See also  Börse Express - DGAP-News: ENCAVIS AG: Mission accomplished

“Ford is investing heavily in electric vehicle production in Germany, and we feel a special commitment to Germany as our headquarters country in Europe,” says Rowley. “We look forward to developing these projects with our partners in Germany and throughout the region. For our newer generations of vehicles in Europe we need superior product design, modern vehicle manufacturing and engineering techniques, simplified sourcing, and further development of our plants to fully integrate them into… towards an electric future.”

Next-generation vehicle architecture is critical to Ford’s future of all-electric vehicles in Europe

The next-generation vehicle architecture is a critical step in Ford’s transition in Europe to an all-electric future. It is important to build a thriving business while making a positive contribution to society and reducing emissions in line with the Paris Climate Agreement.

Ford’s plans for an all-electric future in Europe support the global goal of building more than two million electric vehicles annually by 2026 and achieving a 10 percent EBIT margin.

Questions and contact:

Michael Bowman
Ford Europe
+49-152-54952780
Mbaumann 9@ford.com

Christina Delery
Ford Spain
+34-616-455712
cdelrey@ford.com

Ralph Capa
Ford Germany
+49-170-3380546
rcaba@ford.com