Ford to build two new dedicated EV platforms
Last week, at its online Capital Markets Day for investors, major North American auto manufacturer Ford unveiled it intended to build two new dedicated EV platforms.
Ford said it expected that, by 2030, 40 percent of its global sales would be EVs. Following its new strategy dubbed Ford+, the Michigan automaker said it was going to increase its EV investment to more than $30 billion US ($ 36.15 billion CDN) by 2025 to fund two new modular EV platforms and several battery technologies destined to reduce manufacturing costs, minimize environmental impact and increase usability.
The legendary automaker specified that one of the EV platforms would be a rear- and all-wheel-drive unit for a wide variety of trucks and SUVs (an electric Explorer and maybe a Bronco?). The other platform would be bigger and designed for full size pickups and commercial vehicles. We understand that Ford plans to share 80 percent of components across its whole portfolio.