• 4 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 7 minutes Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 13 minutes NordStream2
  • 1 day Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 5 hours California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 59 mins "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 6 hours "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 10 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 hours An Indian Opinion on What is Going on in China
  • 1 day Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 11 hours Can Technology Keep Coal Plants Alive and Well?
  • 2 days Succession Planning in Human Resources for Vaccinated Individuals in the Oil & Gas Industry
  • 3 days Perfect Energy Storm in Europe: turning our back on fossil fuels is easier said than done!
  • 4 hours U.S. : Employers Can Buy Retirement Security for $2.64 an Hour
  • 9 hours Storage of gas cylinders
  • 4 days Nord Stream - US/German consultations
Saudi Arabia: Patience Is A Virtue In Oil Markets

Saudi Arabia: Patience Is A Virtue In Oil Markets

Saudi Arabia appears confident that…

Is America Doomed To Replicate Europe’s Energy Crisis?

Is America Doomed To Replicate Europe’s Energy Crisis?

Europe’s energy crisis is dominating…

Ford To Go All-Electric In Europe By 2030

Ford Motor Company became the latest automaker to target an all-electric lineup, saying on Wednesday that it would move to all-electric passenger vehicles in Europe by 2030.

“Ford today is taking a significant step forward in its European transformation with a commitment to go all-in on its electric passenger vehicles and to substantially grow and electrify its leading commercial vehicle business,” the automaker said in a statement.

Ford announced that by the middle of 2026, all its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid, and will be completely all-electric by 2030.

The commercial vehicle range in Europe will also be 100-percent zero-emissions capable, all-electric or plug-in hybrid, by 2024, while two-thirds of commercial vehicle sales are expected to be all-electric or plug-in hybrid by 2030.

To support its all-electric ambitions in Europe, Ford will invest $1 billion to modernize its vehicle assembly facility in Cologne, Germany, one of its largest manufacturing centers in Europe and the home of Ford of Europe. Ford will transform the existing assembly operations to manufacturing electric vehicles. Ford’s first European-built, volume all-electric passenger vehicle for European customers will be produced at the Cologne factory from 2023.

Ford has recently said that it would invest at least $22 billion globally in electrification through 2025, nearly twice its previous EV investment plans.

Ford’s ‘all-electric in Europe’ announcement comes weeks after GM said it was going all-in toward an all-electric future, aiming to eliminate all tailpipe emissions from new light-duty vehicles by 2035 as part of a wider strategy to become a carbon-neutral business by 2040.

Earlier this week, Jaguar said it would become an all-electric make from 2025.

“By the middle of the decade, Jaguar will have undergone a renaissance to emerge as a pure electric luxury brand with a dramatically beautiful new portfolio of emotionally engaging designs and pioneering next-generation technologies,” the chief executive of Jaguar Land Rover, Thierry Bolloré, said in a strategy update.   

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News