Ford confirms US-built electric cargo van under its $11.5 billion plan

The initial creation Ford Transit business van waits on the assembly line to be unveiled at the Ford Kansas City Assembly Plant April 30, 2014, in Claycomo, Missouri.

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Ford Motor will release an all-electric powered model of its popular Transit cargo van as early as upcoming calendar year less than a earlier announced prepare to commit $11.5 billion on car or truck electrification as a result of 2022.

Ford is moving to retain its management in the commercial van place as new opponents this kind of as Rivian, a Michigan-dependent EV start-up, prepare to enter the phase. Rivian, which Ford has invested in and partnered with for a luxurious auto, final calendar year landed an buy from Amazon, one more trader in Rivian, for 100,000 all-electric powered vans. 

The all-electric Transit van, according to Ford, will be developed in the U.S. The enterprise declined to supply more details with regards to manufacturing. However, the United Car Personnel union very last yr reported the all-electric powered van would be created at a Ford plant in Missouri.

Ford also declined to specify timing for the all-electric powered van. Automakers usually create autos a calendar year prior to their product 12 months or marginally into their calendar 12 months.

Business vehicles this sort of as the Transit are significant to the automaker’s bottom line. Ford has been America’s finest-marketing professional van brand for 41 decades.

Rivian shipping and delivery truck for Amazon

Amazon handout 2019

“Industrial automobiles are a essential element to our big guess on electrification,” Jim Farley, not too long ago appointed main working officer of Ford, mentioned in a launch. “As leaders in this area, we are accelerating our strategies to create methods that help enterprises run superior, starting up with our all-electric powered Transit and F-150.”

In addition to the Transit and the formerly introduced F-150 pickup, the $11.5 billion electric automobile system consists of many plug-in hybrid styles and the all-electric Mustang Mach-E SUV.

“The globe is heading toward electrified goods and fleet shoppers are asking for them now,” Farley claimed. “We know their vehicles run as a connected cell company and their technological know-how demands are different than retail consumers.”

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