19 Mar '14, 4pm

Ford UK exec says EVs are a good way to lose a fortune

Ford UK exec says EVs are a good way to lose a fortune

execs are quick to point out the automaker's expansion in the plug-in sector . And despite a minimal presence in the pure EV space, the Blue Oval has been promoting its plug-in vehicles as part of an overall effort to boost fleetwide fuel economy. Too bad the company's UK chief didn't get the memo. There's "no point in us getting behind [EVs] and losing a fortune" - Ford's Mark Ovenden Mark Ovenden, speaking rather frankly at the Geneva Motor Show recently, said he didn't have real high hopes for substantial electric-vehicle adoption and said the company's money was better spent on smaller gas- and diesel-powered engines , the UK's Daily Mail says. Ovenden said of EV development that there was "no point in us getting behind it and losing a fortune," adding that his goal was to have variants of Ford's EcoBoost engine in 40 percent of the company's vehicles. Ford has about a...

Full article: http://green.autoblog.com/2014/03/19/ford-uk-exec-says-ev...

Tweets

Lose 1 million kg by 2016? We'll show you how:

Lose 1 million kg by 2016? We'll show you how:

is.asia-city.com 19 Mar '14, 1pm

It's all over the news lately—obesity levels are well on the rise in Singapore. The Health Promotion Board has stepped in,...

40 Ways to Lose Weight!

40 Ways to Lose Weight!

danielfooddiary.com 20 Mar '14, 2am

21. I can drink more plain water (8 glasses of water) throughout the day. 22. I can include vegetables and fruits (2 servi...

1 Graph Says A Lot

cleantechnica.com 23 Mar '14, 6pm

Consumer technology is going to exist indefinitely, perhaps for as long as the human species exists. At CleanTechnica, we ...