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2021-02-17

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Ford to switch to all-electric car range in Europe by 2030

Ford Motor Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. au

Ford to switch to all-electric car range in Europe by 2030

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“key to future growth and profitability” and will rely on new products, service and on Ford’s strategic alliance with Volkswagen AG.</p>\n<p>Ford said this month it was “doubling down” on connected electric vehicles and said it will invest $22 billion in electrification through 2025, nearly twice what it had previously committed to EVs.</p>\n<p>This week Jaguar Land Rover, owned by India’s Tata Motors, said its luxury Jaguar brand would be entirely electric by 2025 and the carmaker will launch e-models of its entire lineup by 2030.</p>\n<p>Last month, Ford’s Detroit rival General Motors Co said it aims to an entirely zero-emission lineup by 2035.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114886639","content_text":"Ford Motor Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. automaker races to get ahead of CO2 emissions targets and looming bans in some countries on fossil fuel vehicles.\nThe carmaker said it will invest $1 billion to convert its vehicle assembly plant in Cologne, Germany, to become the U.S. automaker’s first electric vehicle facility in Europe.\nFord said its first European-built, all-electric passenger vehicle will be produced at the facility from 2023 and is considering building a second model there.\nThe No.2 U.S. automaker said that by 2026 it will have electric versions of all its passenger cars on sale in Europe and that by 2030 two=thirds of its commercial vehicle sales in Europe will be fully electric or plug-in hybrids.\nFord currently dominates the U.S. and European markets for gasoline-powered commercial vehicles with shares of 40% and almost 15%, respectively.\nThe carmaker said its commercial vehicle business is “key to future growth and profitability” and will rely on new products, service and on Ford’s strategic alliance 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