Ford is getting serious about electrification.
Ford has announced it will increase electrification spending by $8 billion to $30 billion by 2025 as it believes 40% of its global vehicle volume will be all-electric by 2030. Ford's electric products like the Mustang Mach-E, F-150 Lightning, and E-Transit will be joined by new models built on new rear-wheel-drive/all-wheel-drive architecture teased during the presentation. The carmaker's BEV lineup will have to expand to meet the demands of so many potential customers.
Ford chief product platform and operations officer Hau Thai-Tang says this new platform will underpin a slew of new products, including lifestyle vehicles, pickup trucks, commercial vehicles, rugged off-road utilities, and two-row/three-row SUVs. Most of these upcoming models were not mentioned specifically, but the Ford Explorer and Lincoln Aviator were singled out as future EVs.
This is the first time Ford has given official confirmation that an electric Explorer is on the way. No further details were provided, but it makes sense that Ford would develop an electric Lincoln Aviator at the same time since the two vehicles currently share a platform. Lincoln previously planned to develop a dedicated EV using the Rivian skateboard platform, but the project was canceled.
Ford says it is still exploring a future joint project with Rivian, but the American automaker is more focused on building small EVs using the Volkswagen MEB platform. Partnering with VW will help Ford satisfy demand in Europe for smaller EV models with localized production.
Ford hinted at several other models that could utilize the RWD/AWD architecture, teasing several vehicle silhouettes riding on the platform, including one that looks suspiciously like the Bronco. Another silhouette showed a small pickup model, which could hint at an all-electric Ranger Lightning model.
Along with the new EV models, Ford will continue developing and improving its battery technology, including creating solid-state battery cells. Ford has even come up with a name for its upcoming cells, calling them IonBoost batteries to build on the company's existing boost-branded powertrains such as EcoBoost and PowerBoost.