Ford Knows It Can't Survive On Just Gas-Powered Trucks And Mustangs

Ford Plans Electric Vehicles To Sell 40% of Its Global Volume by 2030

Ford Motor has been around for over a century. It has seen its share of ups and downs, but it has always managed to stay afloat. However, the automotive industry is changing rapidly, and Ford knows that it needs to change with it. That's why the company is investing heavily in electric vehicles (EVs). Ford has announced plans to sell 40% of its global volume as EVs by 2030. This is a significant commitment, and it shows that Ford is serious about its EV future.

What's Driving Ford's EV Push?

There are several factors driving Ford's EV push. First, the global demand for EVs is growing rapidly. Consumers are becoming more aware of the environmental benefits of EVs, and they are also attracted to the lower operating costs. Governments around the world are also starting to implement regulations that favor EVs. For example, California has mandated that all new passenger vehicles sold in the state must be zero-emission vehicles by 2035.

Second, Ford is facing increasing competition from EV startups. These startups are often more agile and innovative than traditional automakers. They are also able to bring EVs to market more quickly and at a lower cost. Third, Ford knows that it needs to reduce its carbon footprint. The company has set a goal of becoming carbon neutral by 2050. EVs will play a major role in helping Ford achieve this goal.

What's Ford's EV Strategy?

Ford's EV strategy is based on three pillars: electrification, connectivity, and autonomous driving. The company is investing heavily in developing new EV models. Ford has already launched the Mustang Mach-E, and it plans to launch several more EVs in the coming years. Ford is also working on developing new battery technologies that will make EVs more affordable and more convenient to own.

In addition to electrification, Ford is also investing in connectivity and autonomous driving. Ford believes that these technologies will make EVs more appealing to consumers. For example, Ford's BlueCruise system allows drivers to take their hands off the wheel on certain highways. This makes driving more relaxing and less stressful.

What's the Future of Ford's EV Business?

Ford is confident that its EV business has a bright future. The company has a strong track record of innovation, and it is well-positioned to compete in the growing EV market. Ford is also committed to making EVs more affordable and more convenient to own. As the technology continues to improve, EVs will become even more appealing to consumers, and Ford is well-positioned to capitalize on this trend.