Mulally: Electric vehicles will be a “major portion” of Ford’s future lineup

Posted: Mar 05, 2009
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While Volkswagen’s CEO doesn’t seem to be a fan of electric-cars, FoMoCo’s CEO Alan Mulally said that a “major portion” of its lineup in a decade from now will consist of electric-vehicles as the automaker finally gets away from relying on pickups and SUVs to profit.

“In 10 years, 12 years, you are going to see a major portion of our portfolio move to electric vehicles,” Mulally told reporters at the Wall Street Journal ECO:nomics conference in California.

Ford plans on introducing its first battery-electric vehicle in 2010 with a battery-powered version of the 2010 Ford Transit Connect commercial vehicle. A rival to the Chevrolet Volt in a form of a compact battery-electric car will arrive in 2011. Ford says that the next-generations of its hybrid vehicles will come in 2012 along with plug-in hybrid versions by 2012.

“You’ll see more hybrids, but you will really see a lot more electric vehicles,” he said.

Source: Reuters


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  • Ivan Gutierrez

    I don't know if you guys noticed or if you care at all but Ford and GM's stock are right with each other at about 1.8something. As you all know GM (and Ford's) stock have been dropping consistently over the years but I don't think I've ever seen GMs dip below Ford's. I just hope pulls through this.

  • zermatt

    I follow Ford & GM's stock price and I have been noticing that GM's price has been eroding to new lows – almost daily. Today has been especially hard on GM – not their 52 week low, but it is trending down.

    It is time for Wagoner to go. The stock would rise just on that news alone.

  • http://www.kustomatic.com kustomatic

    Wow I think this is a good idea. And nowadays most auto companies sells EVs. And one thing that is good about EVs is that it shows lower depreciation rates and they are very quiet to run.

  • http://www.kustomatic.com kustomatic

    Wow I think this is a good idea. And nowadays most auto companies sells EVs. And one thing that is good about EVs is that it shows lower depreciation rates and they are very quiet to run.