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Ford Going Almost Entirely Electric in Europe This Decade

  • Carmaker investing $1 billion in German plant shifting to EVs
  • Only some of its commercial vehicles will lack a plug by 2030
Bloomberg business news
WATCH: Ford of Europe President Stuart Rowley discusses the company’s plans to offer an entirely electric line of passenger vehicles in Europe by the end of the decade.Source: Bloomberg)
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Ford Motor Co. will drastically overhaul its business in Europe, where it didn’t sell a single fully electric vehicle last year, vowing to go almost completely electric by the end of the decade.

One of the first steps in the transformation announced Wednesday will be to plow $1 billion into a German assembly plant that will start making an all-electric model in two years. By mid-2026, Ford will offer plug-in hybrid or fully electric models across its entire lineup.