Ford has confirmed that it is working on a 200-mile range electric car that will compete withe Tesla Model 3 and Chevy Bolt.
Ford has confirmed that it is working on a 200-mile range electric car that will compete withe Tesla Model 3 and Chevy Bolt. During an earnings call, Ford CEO Mark Fields revealed that the automaker wants to be “among the leaders or in a leadership position” when it comes to electric cars.
Related: A day after reservations open Tesla gets 198k Model 3 reservations
Fields did not reveal what the electric car will be called, but it’s been rumored that it will be called the Model E. It’s also expected to be built in Mexico and Ford could produce up to 50,000 units a year. If production kicks off by 2019, which it reportedly will, Ford will have to play a little catch up with the Tesla Model 3 and Chevy Bolt, which will already be on the market by then.
In the meantime, Ford is going to introduce an updated Focus Electric this fall, which will have a driving range around 100 miles.
Source: Automotive News