The introduction of Ford’s electric F-150 pickup truck is a big milestone in the race to zero-emission vehicles
- May 20, 2021 10:51 pm GMT
By Peter Zalzal
We’re about to get a glimpse of what Ford Motor Company envisions for the future.
Ford is planning to reveal its electric F-150 Lightning pickup truck tomorrow. President Biden will visit the Ford Rouge Electric Vehicle Center in Dearborn Michigan ahead of the announcement.
The unveiling of the F-150 Lightning is the latest in a steady drumbeat of announcements about investments in electric vehicle production and new model offerings – by Ford and nearly every other automaker.
Environmental Defense Fund has sponsored the development of an Electric Vehicles Market Report by MJ Bradley and Associates to track the dynamic landscape around vehicle electrification in the U.S. and globally. In the report’s April 2021 update, the authors found that the number of electric models available to U.S. consumers would increase from 64 to 81 between 2021 and 2023, and that globally, automakers had committed to spending $268 billion through 2030 to develop zero-emitting solutions. Announcements in the last month, since the report came out, have further increased those numbers. For instance, at the end of last week Hyundai announced plans to invest $7.4 billion in the U.S. in electric vehicle manufacturing by 2025.
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