Ford is accelerating plans to boost EV sales in Europe as the region moves towards carbon neutrality by 2035.
The automaker announced Monday that it will launch three new electric passenger cars and four new electric commercial vehicles in Europe over the next two years. The company also said it plans to sell more than 600,000 electric vehicles annually in Europe by 2026 to meet the 2035 deadline to become carbon neutral “in its European space of facilities, logistics and suppliers.”
These milestones are the latest in a series of recent announcements from the Dearborn automaker. Earlier in March, Ford said it would invest $50 billion of the aforementioned $30 billion to meet its global goal of producing 2 million electric vehicles a year by 2026.
At the time, the company said it would separate its electric vehicle division, now called the Ford Model E, from its internal combustion engine division, called Ford Blue.
The new generation of electric models in Europe will be built at Ford’s factories in Cologne, Germany, and Craiova, Romania.
Ford also said Monday it has signed a non-binding agreement with Korean battery maker SK On Co. and Turkish conglomerate Coke Holding will build one of Europe’s largest commercial vehicle battery factories in Turkey.
Next year, Ford will begin production of an all-electric midsize crossover in Cologne. In 2024, the company will add a second electric vehicle to the plant’s production line and build an electrified version of the Ford Puma, the best-selling Ford passenger car in Europe, in Craiova.
Ford’s best-selling vehicle in Europe, the Transit Van, will add four new electric models to its lineup. Electric versions of the Transit Custom and Tourneo Custom vans will arrive in 2023, followed by the smaller Transit Courier van and Tourneo Courier multi-purpose vehicle.