Apr 07, 2017
The plans come as Beijing presses automakers to sell more EVs, laying out strict fuel economy targets and subsidizing certain new energy vehicle models, in a bid to cut air pollution and promote technological innovation.
"The time is right for Ford to expand our EV lineup and investments in China," Ford CEO Mark Fields said in a statement on Thursday.
The automaker, which makes cars in China through a joint venture with Chongqing Changan Automobile Co., said it plans for 70 percent of Ford brand vehicles sold in China to be conventional hybrids, plug-in hybrids or full battery electric by 2025.
Ford said it will launch its first hybrid that is locally made with Changan, the Mondeo Energi sedan, early next year.
Source: Automotive News