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

  • Underinvestment in infrastructure threatens economic growth
    January 24, 2012
    The 2011 Urban Mobility Report from the Texas Transportation Institute highlights the dangers of continued underinvestment in transportation infrastructure but also offers some hope in terms of possible solutions
  • Full electric vehicle shipments to exceed 2 million by 2020
    October 11, 2013
    According to ABI Research, the number of full electric vehicles (EV) shipping yearly will increase from 150,000 in 2013 to 2.36 million in 2020, representing a CAGR of 48 per cent. Asia-Pacific will exhibit the strongest growth, driven by mounting pollution issues in its many megacities; however, true mass-market uptake will only start happening in the next decade.
  • Visa and the power of mass transit transactions
    April 22, 2020
    Contactless payment is the hidden power behind efficient public transportation. Visa’s Ana Reiley tells Adam Hill why buying a latte should be a model for frictionless ticketing 
  • Mass production zero emission vehicle to be released
    September 21, 2012
    Following the success of its Nissan LEAF electric car, Nissan is now in the final development phase of its second mass produced zero emission vehicle: the Nissan e-NV200 compact van. Nissan has been working with FedEx Express since late last year to develop the vehicle with the delivery company seen as an ideal partner because of its fleet of 130 all-electric vehicles globally. The company says the electric van will boast an all-electric drivetrain based on the Nissan LEAF. Its power comes from a lithium-io