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Ford is working on EV platforms and investing $ 24.5 billion in electricity – IT Pro – News

Ford says it will invest nearly 24.5 billion euros in electric cars between now and 2025. The company is working on two electric vehicle platforms. The automaker says it is expected to have 40 percent of its global volume of electricity by 2030.

These plans are part of the Ford + plan. Reports of the car manufacturer For investors. Under the Ford + plan, the company will operate, among other things, on two electric vehicle platforms, something previously leaked Reuters. One of these platforms is for various types of cars with both rear wheels and four-wheel drive support. The other is Full size Pick-up trucks and SUVs. The company will work on electric versions of the Explorer and Lincoln Aviator cars, among others.

According to the manufacturer, the Ford + plan aims to create a “lasting relationship” with customers, which will last even after the car is sold, he writes the edge. The company wants to achieve this, among other things, to provide more future cars with connectivity to the network, so these are Over the air Can be updated. Ford shut down in February Deal with google. The company said at the time that it would equip future vehicles with Android Automotive, and could use Google Cloud, among other things, to send customers in real time about maintenance or replacement options for their cars.

The company will also invest in battery technologies; The company will design, develop and produce the batteries itself, he writes CNET. The company releases these batteries under the name IonBoost. The company entered into a partnership with BlueOvalSK, a joint venture between Ford and SK Innovation of South Korea, which last week It has already been announced. The two companies will operate on lithium iron phosphate batteries for commercial vehicles and lithium-ion batteries for consumer cars. Additionally, Ford expects solid-state batteries to be ready by 2030.

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Ford also reports that until 2025, € 24.5 billion will be invested in electric cars. In doing so, the company increases its previously committed investment; He said earlier The automaker said it will invest about $ 20 billion in electrifying its production line through 2025. The manufacturer expects 40 percent of its cars sold worldwide to be electric by 2030. Spoke earlier It expects to only sell fully electric cars in Europe at around that time.