Ford has announced it will increase electrification spending by $8 billion to $30 billion by 2025 as it believes 40% of its global vehicle volume will be all-electric by 2030. Ford’s electric products like the Mustang Mach-E, F-150 Lightning, and E-Transit will be joined by new models built on new rear-wheel-drive/all-wheel-drive architecture teased during the presentation. The carmaker’s BEV lineup will have to expand to meet the demands of so many potential customers.
Ford chief product platform and operations officer Hau Thai-Tang says this new platform will underpin a slew of new products, including lifestyle vehicles, pickup trucks, commercial vehicles, rugged off-road utilities, and two-row/three-row SUVs. Most of these upcoming models were not mentioned specifically, but the Ford Explorer and Lincoln Aviator were singled out as future EVs.