Ford is stepping on the power pedal: by the end of 2023, it aims to produce 600,000 EVs per year, before building the new EV factories. That’s a doubling of the American automaker’s original plan.
Ford’s inflated target appears to be born out of necessity, as many automakers are currently investing heavily in the development and production of EVs. Ford CEO Jim Farley expects annual EV production to reach 600,000 cars per year by the end of 2023. In comparison: Tesla produced more than half a million cars last year and Volkswagen wants to have at least 900,000 EVs per year by 2023. The Ford CEO says he wants to become the second EV producer in the coming years, but does not mention which party he still has to beat to eventually become the biggest. The latter is his ultimate goal, he reports on Twitter.
Ford will reach 600,000 EVs per year before the EV-specific factories open their doors in 2025, Farley says. Ford is investing a total of €9.4 billion in the production of electric cars and the company expects that between 40 and 50 percent of its worldwide production will be fully electric by 2030. Ford is also working on a new type of charging cable that should ensure that charging is faster.
Currently, the only EVs that Ford has on our continent are the Mustang Mach-E and the E-Transit. In America, the F-150 Lightning will be added next year, for which Ford has already increased planned production due to the popularity of the model. Farley says the company has already received more than 160,000 reservations for the electric pickup. “Our job now is to meet the demand,” said the chief executive. Meanwhile, Ford is working hard to further expand the EV program.
– Thanks for information from Autoweek.nl