By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SunRiseSunRiseSunRise
Aa
  • NEWS
    NEWSShow More
    Elon Musk Alleges Google Censors Trump; Google, Calls it an Anomaly
    July 30, 2024
    NNPC announces recruitment exercise; portal experiences downtime.
    July 26, 2024
    FG deducts N100 billion from May’s revenue as the second tranche of funding for the Presidential Metering Initiative.
    July 26, 2024
    Black Market Dollar (USD) to Naira (NGN) Exchange Rate
    July 24, 2024
    Review of Daily Front Pages of Nigerian Newspapers
    July 22, 2024
  • TECHNOLOGY
    TECHNOLOGYShow More
    What are the uses of prismatic compass
    July 11, 2024
    Why You Should Use a VPN for Streaming
    Why You Should Use a VPN for Streaming
    July 10, 2024
    Best Music Streaming Service of 2024
    Best Music Streaming Service of 2024
    July 10, 2024
    Netflix Review: Our Top Choice in a Crowded Market (Nigerian Netflix Edition)
    Netflix Review: Our Top Choice in a Crowded Market (Nigerian Netflix Edition)
    July 9, 2024
    Long-Exposure Photography
    “Mastering Long-Exposure Photography: Techniques and Tips for Captivating Results”
    May 16, 2024
  • BUSINESS
    BUSINESSShow More
    10 Legit Ways to Raise Capital for Business in Nigeria
    10 Legit Ways to Raise Capital for Business in Nigeria | Sunrise Blog
    July 31, 2024
    how to make money on telegram in nigeria
    How to Make Money on Telegram in Nigeria: 13 Proven Strategies | Sunrise Blog
    July 31, 2024
    Make Money on Instagram in Nigeria
    How to Make Money on Instagram in Nigeria
    July 30, 2024
    How to Start Blogging in Nigeria and Succeed
    Ultimate Guide: How to Start Blogging in Nigeria and Succeed
    July 30, 2024
    Start Mini Importation From China to Nigeria in 5 Steps
    Start Mini Importation From China to Nigeria in 5 Steps
    July 30, 2024
  • SOCIAL MEDIA TIPS
    SOCIAL MEDIA TIPSShow More
    How to watch live match on phone
    July 15, 2024
    How to Check Your Airtel Number – Step-by-Step Guide
    July 15, 2024
    Mastering Meta AI on WhatsApp: A Step-by-Step Guide
    July 4, 2024
    How to Download TikTok Videos on Android and iOS Devices
    June 28, 2024
    How to Make Money on YouTube in Nigeria
    How to Make Money on YouTube in Nigeria
    June 13, 2024
  • EDUCATION
    • SCHOLARSHIP
    • STUDENTS UPDATE AND EDUCATION
    • GRANT
  • TRAVEL ABROAD
    TRAVEL ABROADShow More
    How to Work in Germany Without a Job Offer
    How to Work in Germany Without a Job Offer
    June 27, 2024
    UK Expands List of Companies Eligible to Sponsor Nigerians for Work Visas
    UK Expands List of Companies Eligible to Sponsor Nigerians for Work Visas
    May 27, 2024
    Teaching Jobs in Kuwait for Foreigners
    Teaching Jobs in Kuwait for Foreigners
    May 23, 2024
    Skill Shortage Jobs in Canada
    Skill Shortage Jobs in Canada – APPLY NOW
    May 23, 2024
    E-3 Visa Sponsorship Jobs in the USA
    E-3 Visa Sponsorship Jobs in the USA
    May 23, 2024
  • VISA SPONSORSHIP JOBS
  • ENTERTAINMENT
    • CELEBRITY NEWS
    • SPORTS
  • FASHION
  • FINANCIAL NEWS
Reading: Ford set to Go All-Electric in Europe by 2030: Sunrise.com
Aa
SunRiseSunRise
Search
  • NEWS
  • TECHNOLOGY
  • BUSINESS
  • SOCIAL MEDIA TIPS
  • EDUCATION
    • SCHOLARSHIP
    • STUDENTS UPDATE AND EDUCATION
    • GRANT
  • TRAVEL ABROAD
  • VISA SPONSORSHIP JOBS
  • ENTERTAINMENT
    • CELEBRITY NEWS
    • SPORTS
  • FASHION
  • FINANCIAL NEWS
Have an existing account? Sign In
Follow US
  • Contact
  • About Us
  • Privacy Policy
© 2024 Sunrise . All rights reserved.
TECHNOLOGY

Ford set to Go All-Electric in Europe by 2030: Sunrise.com

Sunrise
Last updated: 2021/02/17 at 11:59 AM
Sunrise Published February 17, 2021

Ford set to Go All-Electric in Europe by 2030– Ford is really taking a very serious approach to its electrification strategy in Europe, announcing that all its passenger vehicles will be all-electric or hybrid by mid-2026. All of its consumer vehicles will be fully electric by 2030, which means Ford will have one of the most aggressive EV roadmaps of any European automaker. On the commercial side, the company plans to have a plug-in hybrid (PHEV) or all-electric vehicles in two-thirds of its lineup by 2030.

In view of the process, Ford will invest $1 billion into its assembly plant in Cologne, Germany, allowing it to produce an all-electric model in two years. That’s part of the company’s recently announced $29 billion global investment in electric and autonomous vehicles through 2025. “We are charging into an all-electric future in Europe,” said Ford of Europe president Stuart Rowley.

Ford set to Go All-Electric in Europe by 2030

Ford set to Go All-Electric in Europe by 2030

Ford is leading all rivals in commercial sales, but it fell behind Toyota into ninth place in passenger sales in Europe. And while the company is investing in its Cologne plant, it has cut costs considerably elsewhere in Europe, having sold off factories and eliminated more than 10,000 jobs. On the strength of those cuts and commercial sales, Ford returned to a profit in Europe in Q4.

Ford’s commitment to EVs leaves it just five years to retool toward electric and PHEV vehicles. Rival (and commercial partner) Volkswagen, meanwhile, has promised to produce 1.5 million EVs by 2025, while Mercedes-Benz has announced plans to build six all-electric cars within the next couple of years.

All that cost-cutting is apparently in its rear-view mirror, however, and Ford called the Cologne facility investment “the most significant Ford has made in over a generation.” The company will share additional details, hopefully about new vehicles, over the coming months.

[ruby_related total=5 layout=5]

TAGGED: Ford begins drive to electrify all European cars by 2030, Ford to go fully-electric in Europe by 2030, Ford will only sell all-electric cars in Europe from 2030
Previous Article Samsung Galaxy A51 Receiving Android 11 Update in India Samsung Galaxy A51 Receiving Android 11 Update in India: Sunrise.com
Next Article Best 4K TV for 2021 Best 4K TV for 2021: The Best World 4K TV In High Need
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

© 2024 Sunrise . All rights reserved.
  • Contact
  • About Us
  • Privacy Policy
Welcome Back!

Sign in to your account

Lost your password?