Ford is betting big on electric vehicles as it announces plans of electrifying its current line-up for the future. The brand has announced seven of the 13 upcoming electric vehicles it plans to introduce in the next five years, including a hybrid version of the Mustang in the US.
Besides the iconic Mustang, Ford will also introduce hybrid versions of the F150 pick-up, the Transit Custom van in Europe and a fully electric SUV for global markets.
Ford is even investing $700 million to expand its Flat Rock assembly plant in Michigan into a factory that will build high-tech autonomous and electric vehicles along with the Mustang. The moves are part of a $4.5 billion investment that Ford has made for electric and hybrid vehicles by 2020.
The seven electrified vehicles announced recently include an all-new fully electric small SUV which will arrive by 2020 in North America, Europe and Asia. Coming back to the Mustang, a hybrid version of the popular sports car is expected to deliver V8 power and even more low-end torque. The Mustang Hybrid will be built at the Flat Rock plant and debut in 2020. It will be available in North American markets initially.
