Skip to main content

Ford to make electric cars 'attainable to the masses’

Mark Fields, president and CEO of Ford Motor Company, said on Monday that it intends to mass-produce affordable electric vehicles. Fields, in an interview with Yahoo Finance, emphasised that Ford has the capability to make electric cars with a strategy different from that of Tesla Motors. Revealing the company’s intentions to produce reasonably priced electric cars, Fields pointed out that the Dearborn, Michigan-based automaker has a full line of electric vehicles that have performed well in the market p
November 28, 2014 Read time: 2 mins
Mark Fields, president and CEO of 278 Ford Motor Company, said on Monday that it intends to mass-produce affordable electric vehicles. Fields, in an interview with Yahoo Finance, emphasised that Ford has the capability to make electric cars with a strategy different from that of 597 Tesla Motors.

Revealing the company’s intentions to produce reasonably priced electric cars, Fields pointed out that the Dearborn, Michigan-based automaker has a full line of electric vehicles that have performed well in the market place so far.

While Ford is currently ranked second in terms of sales in the electric car industry, the company’s Ford Focus was recently ranked as the most fuel-efficient compact car in the US, according to Fields.

“Tesla has done a very good job of bringing electrified cars into the consciousness of the American people,” Fields said, adding that “Tesla’s approach is to cater to a high-end consumer,” but Ford’s approach would be to make electrified vehicles “attainable to the masses.”

Fields had said last month that producing an electric car is ‘consistent with the product philosophy’ of Ford.

When asked about driver-assisted technologies, Fields said that Ford is planning to implement such technologies across its entire line-up over time, but added that research on the technology to produce better functioning sensor detectors had still some way to go.

For more information on companies in this article

Related Content

  • ITS in the Nordic states
    April 7, 2021
    Denmark, Norway, Finland and Sweden are quietly embracing advanced traffic technologies.
  • On-road and in-vehicle are not in competition
    May 18, 2018
    The integrity and accuracy of data that can be verified by weigh-in-motion technology has been improving for decades – and the range of WIM applications is increasing at a tremendous pace. Chris Koniditsiotis, president of the International Society for Weigh-in-Motion (ISWIM) and CEO of Transport Certification Australia (TCA), began his career in 1985 as a pavements engineer. “When I joined this portfolio, the integrity, accuracy, and sampling frequency of mass information delivered at best an estimate, us
  • US ITS sector needs strategic leadership
    January 31, 2012
    The US is losing its advantage in the ITS sector because of a lack of strategic leadership, according to a new report from the Information Technology and Innovation Foundation. Here, Stephen Ezell, one of the report's authors, talks to ITS International about what can be done to remedy the situation. A new report from the Information Technology and Innovation Foundation (ITIF), Explaining International IT Leadership: Intelligent Transportation Systems, makes for sobering reading within the US ITS community.
  • US Senate approves Highway Trust Fund patch
    August 1, 2014
    The US Congress gave final approval last night to a US$10.8 billion bill to replenish the federal Highway Trust Fund and through to May 2015. It now goes to President Barack Obama for his signature. The Transportation Department had set Friday as the day the Highway Trust Fund would run out of reserves and told states they could expect an average 28 percent reduction in federal aid. The fund relies primarily on gasoline and diesel fuel taxes that haven’t been increase in two decades. Commenting on the