Ford to introduce all-electric F-150 pickup and Transit van by mid-2022
- Ford plans to introduce all-electric versions of the Ford F-150 pickup and Ford Transit van by mid-2022.
- The two-year timeframe is the most detailed the company has given regarding the vehicles, which will be part of what are expected to be crowded segments.
- All-electric pickups and vans are expected to be important growth areas for automakers in the coming years.
Ford Motor plans to have all-electric versions of the Ford F-150 pickup and Ford Transit van to market by mid-2022, Chief Operating Officer Jim Farley said Wednesday.
The two-year time frame is the most detailed the company has given regarding the vehicles, which will be part of what are expected to be crowded segments. General Motors, Tesla and start-ups such as Rivian and Nikola are expected to have electric vehicles in one or both segments by then or shortly after.
“We are No. 1 in the pickup and the van market in Western Europe and the U.S., and this is our chance,” Farley said Wednesday during CNBC’s “Squawk on the Street.” “We are electrifying and we’re a brand people trust.”
The new all-electric vehicles for Ford are expected to follow important vehicle launches such as a redesigned F-150 and new vehicles such as the Bronco SUV, Bronco Sport and Mustang Mach-E crossover.
“The launches are really critical for our North America profitability and our customers,” Farley said. “The F-150, that is our key launch this year.”
The redesigned F-150 is scheduled to be unveiled July 25, followed by production starting later this year. Farley earlier Wednesday during a Deutsche Bank auto conference said Ford focused on technology advancements for the redesigned pickup, including a new electrical architecture, or brains, of the vehicle.
