Dearborn, MI–Ford will introduce 13 new electrified models by 2020, when 40 percent of the company’s global lineup will offer some sort of electric powertrain. This push is part of a $4.5 billion investment in electric vehicle technology that CEO Mark Fields announced today at the company’s headquarters in Michigan.
One of the first fruits of this investment is an updated version of the Ford Focus Electric coming next year. This compact all-electric hatchback will see its range increase to an estimated 100 miles, a 30 percent improvement over the current Focus Electric’s 76-mile EPA estimated range. A new DC fast-charging system means that drivers can charge to 80 percent battery capacity within 30 minutes.
The other new electrified models will include hybrids, plug-in hybrids, and full electric vehicles. Fields predicted that plug-in hybrids will grow more quickly than any other electrified vehicle technology within the next few years; Ford is already the top seller of plug-in hybrids in the U.S. with its Fusion Energi and C-Max Energi models.
Look for Ford to debut the first of these new models during the 2016 auto show season, and stay tuned for more information on Ford’s electric vehicle efforts over the coming months.