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Ford said it will advertise alone full-electric commuter cars in Europe by 2030 as allotment of a new advance action in the region.

The move will be accurate by the company’s cardinal accord with Volkswagen Group to use VW’s MEB electric-car platform, Ford said in a account on Wednesday.
Ford will advance $1 billion in a new electric agent accomplishment centermost at its branch in Cologne, Germany, as allotment of the electric-only transformation.

The automaker’s aboriginal European-built, mass-market full-electric car will cycle off the curve in Cologne starting in 2023, Ford said. The factory, which currently builds the Fiesta baby hatchback, will accept the abeyant to body a additional full-electric vehicle. Ford will abide Fiesta assembly in alongside with the new EV afore eventually activity all-electric.
“We auspiciously restructured Ford of Europe and alternate to advantage in the fourth division of 2020. Now we are charging into an all-electric approaching in Europe,” Ford of Europe President Stuart Rowley said in the statement.

Rowley told Automotive News Europe aftermost year that Ford’s MEB-based electric cars will be “highly differentiated” from VW’s ID ambit of battery-powered vehicles.
VW Group CEO Herbert Diess tweeted afterwards Ford’s advertisement on Wednesday: “We are committed to accumulation best EV technology at aggressive amount to accord to accomplish Ford Cologne a acknowledged and acceptable Automotive Operation again. We are actual blessed to contribute.”

As an acting footfall to acceptable all-electric, Ford said all its commuter cartage awash in Europe will accept array or constituent amalgam drivetrains by mid-2026.
Ford said