Skip to main content

Ford investing US$4.5 billion in electrified vehicle solutions

Ford is investing an additional US$4.5 billion in electrified vehicle solutions, adding 13 new electrified vehicles to its portfolio by 2020, when more than 40 per cent of the company’s global brands will come in electrified versions. This represents Ford’s largest-ever electrified vehicle investment in a five-year period. On the way next year is a new Focus Electric, which features all-new DC fast-charge capability delivering an 80 percent charge in an estimated 30 minutes and projected 100-mile range
December 14, 2015 Read time: 2 mins
278 Ford is investing an additional US$4.5 billion in electrified vehicle solutions, adding 13 new electrified vehicles to its portfolio by 2020, when more than 40 per cent of the company’s global brands will come in electrified versions. This represents Ford’s largest-ever electrified vehicle investment in a five-year period.

On the way next year is a new Focus Electric, which features all-new DC fast-charge capability delivering an 80 percent charge in an estimated 30 minutes and projected 100-mile range – an estimated two hours faster than today’s Focus Electric.

Ford says its shift to add electrified vehicle solutions answers increasing global trends calling for cleaner, more efficient vehicles.

Ford is also redefining how future vehicles are created, moving from a features-based product development to a customer-experience-led process, applying insights from social scientists investing in social science-based research globally, observing how consumers interact with vehicles and gaining new insights into the cognitive, social, cultural, technological and economic nuances that affect product design.

“The challenge going forward isn’t who provides the most technology in a vehicle but who best organises that technology in a way that most excites and delights people,” said Raj Nair, executive vice president, Product Development. “By observing consumers, we can better understand which features and strengths users truly use and value and create even better experiences for them going forward.

“As both an auto and a mobility company, we at Ford are going further than just designing the product to move people from point A to point B,” Nair said. “We are considering the way customers interact with our vehicles as a unified experience, looking for ways to excite and delight customers and make their lives better.”

For more information on companies in this article

Related Content

  • Volkswagen to step up EV development
    October 16, 2015
    Volkswagen will cut investment plans at its biggest division by US$1.1 billion a year and step up development of electric vehicles (EV), as it battles to cope with the fallout from its cheating of diesel emissions tests, according to Reuters. The German company also said it would speed up cost cutting at the VW division, its largest by revenues, and put only the latest and ‘best environmental technology’ in diesel vehicles.
  • Major growth predicted for OEM embedded telematics
    September 5, 2014
    According to a new research report by Berg Insight, shipments of OEM embedded telematics systems worldwide are forecasted to grow from 8.4 million units in 2013 at a compound annual growth rate (CAGR) of 30.6 per cent to reach 54.5 million units in 2020. Moreover, Berg Insight forecasts that the number of cars sold worldwide equipped with head-units featuring handset-based telematics capabilities will grow from 7 million in 2013 to 68.5 million in 2020.
  • Arup’s vision of urban mobility in 2050
    May 6, 2015
    Arup’s vision of the Future of Highways considers a wide range of factors that will impact on mobility towards the middle of the century. In its consideration of the Future of Highways through to 2050, international consultants Arup has taken a broad and pragmatic view of where society is heading and the effects that will have on the transport requirements. In terms of major drivers it not only cites
  • Financing the US road infrastructure – road user charging?
    February 2, 2012
    In the US, the National Transportation Infrastructure Financing Commission's report to Congress will state that a national, distance-based charging is the only long-term solution to the country's infrastructure financing problems. The Commission's Chair, Rob Atkinson, talks to ITS International