13 Mar '17, 12am

Massive Ford EV investment

Massive Ford EV investment

At "Future Powertrain" March 2017, Steve Gill, Director- Powertrain Engineering Ford of Europe Ford Motor Company declared that Ford will spend $4.5 billion on electric vehicles over the coming five years. Ford does not see fuel cell on-road vehicles being serious contenders for at least 15-25 years. Governments will have to heavily fund hydrogen infrastructure for success. Clean diesel will be around for "a long time" but the most dramatic advance will be pure electric "battery " on-road vehicles being price competitive in 2025. Right now, all that internet shopping creates a strong demand for pure electric delivery vans.

Full article: http://www.electricvehiclesresearch.com/research/article....

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