Late last year Ford announced a $4.5 billion investment in EV technology and 13 new electric models coming to its lineup by 2020. Today Ford’s EV chief Kevin Layden sat down with Automotive News and discussed the company’s electric vehicle plans.
When asked how Ford will spend its $4.5 billion investment in electric vehicle technology, Layden said:
“Ford will deliver 13 new electrified vehicles by 2020. This is the big push,delivering more and better electrified vehicles — [hybrid-electric vehicles], PHEV and BEV.
As part of this effort, we will be driving down costs of batteries, inverters and other EV components. We’ll develop the next generation of the Powersplit front-wheel-drive transmission and rear-wheel-drive applications previously announced.”
The “Powersplit front-wheel-drive transmission” is what Ford is calling its hybrid drivetrain system.
In addition, Layden said that Ford is working with its supplier partners to bring to market new battery technology and investing in R&D with the University of Michigan.
Ford is expected to launch a new version of its only all-electric car, the Ford Focus Electric, later this year. The vehicle is expected to have a range of about 100 miles – up from the 76 miles range of the current version. Ford is considered to be lagging behind several other automakers when it comes to electric transport. Hopefully, the investment will payoff and we will start to see some long-range all-electric models coming out of this legendary automaker.
You can read Layden’s full Q&A here.