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The electric era is here, and Ford is in the midst of implementing an ambitious, comprehensive plan to make the transition to an electric lifestyle – or commercial fleet, for that matter – easy.
Ford is investing more than $50 billion in electric vehicles globally through 2026 to develop breakthrough EVs. The company plans to manufacture them at scale at a run rate of 600,000 electric vehicles globally by late 2023 and 2 million by 2026. Ford, as of summer 2022, had already secured 100% of the annual battery cell capacity needed to support the 2023 target and 70% needed to support the 2026 target.
The company started by electrifying its most iconic products – the Mustang, F-150 and Transit – which quickly helped elevate Ford to the No. 2 EV brand in the U.S. in 2022. In addition to offering zero-emissions versions of its most popular vehicles, the company is harnessing electrification to deliver more of what customers love about them: performance, capability and productivity.
A key part of Ford’s goal to drive the adoption of electric vehicles is to target the large market for fully electric commercial vans and pickups. Ford is planning to bring the benefits of electric vehicles to these customers with an accessible price point, improved productivity, and lower cost of ownership.
Along with a variety of home charging solutions, the Ford BlueOval Charge Network is North America’s largest public charging network†, with more than 75,000 chargers. Built-in charging solutions, such as cloud-connected navigation, route customers to nearby charging stations, recommend where to charge on trips and provide easy access and payment via FordPass for a seamless customer experience.
And with more than 2,700 EV-certified dealers across all 50 states – plus 644 EV-certified commercial vehicle centers – Ford stands ready to serve customers and help people transition to electric vehicle ownership.
Ford has electric vehicle manufacturing footprints across the world. This includes four plants in North America, including as the new Rouge Electric Vehicle Center in Michigan and BlueOval City, an automotive manufacturing ecosystem in Tennessee, and two BlueOval SK battery plants in Kentucky, creating a total of 11,000 new American jobs. These facilities will reimagine how electric vehicles and batteries are designed, built and recycled – all Built for America.
This electrification strategy is a core component of Ford’s goal to achieving carbon neutrality globally by 2050. Ford is the only full line U.S. automaker committed to doing its part to reduce CO2 emissions in line with the Paris Climate Agreement and working with California for stronger vehicle greenhouse gas standards.
Additionally, Ford is investing significantly to accelerate research and development of battery and battery cell technology. The company announced the establishment of the Ford Ion Park global battery center in southeast Michigan, where it will use state-of-the-art equipment to pilot new manufacturing techniques that will allow Ford to quickly scale breakthrough battery cell designs with novel materials once the company vertically integrates battery cells and batteries.
Ford also increased its investment in Solid Power, an industry-leading producer of all-solid-state batteries for electric vehicles. These batteries show great promise and are designed to power longer range, lower cost and safer electric vehicles using existing lithium-ion battery manufacturing infrastructure.
*Based on total U.S. reported sales (2021CY).
**Based on 1977-2021 CY total sales.
†Based on original equipment manufacturers (OEM)/automotive manufacturers that sell all-electric vehicles and have publicly announced charging networks. Department of Energy data used. FordPass, compatible with select smartphone platforms, is available via a download. Message and data rates may apply.