Ford may end up manufacturing electric cars in China with the help of a local partner. The info comes straight from the carmaker’s CEO Alan Mulally, who revealed the info in a Bloomberg television interview on September 24th in Chongqing, China.
No official time schedule has been set yet, but other automakers like Daimler and General Motors have similar plans in store, as China tries to reduce its greenhouse gas output.
The government there has stated that it aims to have 1 million electric vehicles on the road by 2015. The Ford CEO stated that the success of the transition to EV still depends on the strength of the infrastructure to support the battery-powered machines.
Other us luxury brands like Buick are seeing favor with Chinese consumers, and there’s a rumor that Cadillacs could actually be built there as part of the automaker’s growing ambition. As for Ford’s Lincoln brand, it still needs to have a makeover, but Mulally is also considering introducing the luxury models there.
“We have a great luxury brand in Lincoln, which we have recommitted ourselves to,” Mulally said. “There’s going to be tremendous pull from China to have access to these great vehicles.”
At present, Ford is spending $1.6 billion (€1.25 billion) to build raise four factories in China, where it expects to triple its model lineup by selling 15 models by 2015.
The government there has stated that it aims to have 1 million electric vehicles on the road by 2015. The Ford CEO stated that the success of the transition to EV still depends on the strength of the infrastructure to support the battery-powered machines.
Other us luxury brands like Buick are seeing favor with Chinese consumers, and there’s a rumor that Cadillacs could actually be built there as part of the automaker’s growing ambition. As for Ford’s Lincoln brand, it still needs to have a makeover, but Mulally is also considering introducing the luxury models there.
“We have a great luxury brand in Lincoln, which we have recommitted ourselves to,” Mulally said. “There’s going to be tremendous pull from China to have access to these great vehicles.”
At present, Ford is spending $1.6 billion (€1.25 billion) to build raise four factories in China, where it expects to triple its model lineup by selling 15 models by 2015.
Google News