Within the last year Ford has announced plans to electrify its popular F-150 and Mustang, introduce a new fully electric SUV. This is in addition to several other electrified models that Ford is planning. Now Ford has confirmed that it is planning to release 40 plug-in hybrid and electric vehicles by 2022.
Ford hasn’t confirmed what each new model will be, but 16 of the new vehicles will be fully electric. To support this, Ford will invest more than $11 billion by 2022. Ford also reiterated that it is on track to deliver a full battery electric performance SUV that offers at least a 300-mile range by 2020. Just a few days ago Ford also confirmed that the new electric SUV will be called the Mach 1.
Ford hasn’t confirmed it, but it’s expected that the Ford Escape and Expedition will soon get plug-in hybrid versions in addition to the Lincoln MKC and Navigator. Speaking of Lincoln, the brand is expected to offer a hybrid version of each of its models.