Ford: Majority of Fleet to be Electric Within Decade
03-05-2009, 12:40 PM
#1
The sizzle in the Steak
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Ford: Majority of Fleet to be Electric Within Decade
The majority of automobiles sold by Ford will be electric within the next decade, according to Ford CEO Alan Mullaly. The automaker has already announced plans to have a battery-powered version of its Transit work van on the market in 2010, and an electric family sedan available in 2011. Ford is working with auto supplier Magna International on its electric vehicle technologies.
“In 10 years, 12 years, you are going to see a major portion of our portfolio move to electric vehicles,” Mulally said at the Wall Street Journal ECO:nomics conference in Santa Barbara, according to Reuters.
“Ten years is going to come very quickly and I think we’ll have a significant improvement in the fuel efficiency in the internal combustion engine,” Mulally noted. “You’ll see more hybrids, but you will really see a lot more electric vehicles.”
Ford is said to be seeking $5 billion from the U.S. Department of Energy’s green car loan program. The DOE program has a total of $25 billion available, none of which has yet been dispersed. Tesla is seeking $350 million from the fund, while GM and Chrysler want over $8 billion each.
Ford has not received any “bailout” money from the U.S. government. Mullaly says his company is financially stable and can complete its restructuring without government aid. “We went to Washington to help GM and Chrysler, we didn’t need the money,” he said.
“In 10 years, 12 years, you are going to see a major portion of our portfolio move to electric vehicles,” Mulally said at the Wall Street Journal ECO:nomics conference in Santa Barbara, according to Reuters.
“Ten years is going to come very quickly and I think we’ll have a significant improvement in the fuel efficiency in the internal combustion engine,” Mulally noted. “You’ll see more hybrids, but you will really see a lot more electric vehicles.”
Ford is said to be seeking $5 billion from the U.S. Department of Energy’s green car loan program. The DOE program has a total of $25 billion available, none of which has yet been dispersed. Tesla is seeking $350 million from the fund, while GM and Chrysler want over $8 billion each.
Ford has not received any “bailout” money from the U.S. government. Mullaly says his company is financially stable and can complete its restructuring without government aid. “We went to Washington to help GM and Chrysler, we didn’t need the money,” he said.
03-05-2009, 01:17 PM
#2
I'm the Firestarter
Suuuuure.
03-05-2009, 01:18 PM
#3
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They've been saying crap like this for years 
03-06-2009, 07:17 AM
#5
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Doesn't seem like some companies are getting together, like in politics, and they just spew out the same talking points. Infiniti just said this the other day - with the same 10 year time horizon. 
03-06-2009, 10:12 AM
#6
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Oooooooooooo-kay. We'll see what actually happens in ten years.
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03-06-2009, 09:02 PM
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Toyota/Lexus,Ford and Infinti has all commited to doing this.
Ford broke(moneywise) they can't send a bunch of engineers into re engineer the motors for all their cars. if they do this the changes on "major model changes" will be jokes. hell they were on the 2009 to 2010 Mustang. so a model change will run 10-12 years. cause they can't afford more engineers.
03-07-2009, 01:45 AM
#9
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Regardless of engineering or cost, think about the practical issue with a plug in electric - where do people without a garage (the majority) plug this thing in? The same problem affecting any vehicle that doesn't run on gas/diesel - the infrastructure is not there to support these ideas.
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