Ford initiates manufacturing of its inaugural electric vehicle.

Auto industry giant - Ford initiates manufacturing of its inaugural electric vehicle.

Ford Europe begins production of its first electric vehicle in Cologne on Tuesday. The initial plan was for this to happen in September last year, but delays resulted from the implementation of a new battery standard. Ford has been operating in Cologne since 1930, where it manufactures cars like the Ford Fiesta. The production of the Fiesta ceased to make room for the new electric car.

To produce two different electric models, Ford has spent around two billion euros at the Cologne plant. In this facility, they aim to make up to 250,000 electric vehicles per year. The compact off-road vehicle launching on Tuesday is one of these models, with another model to follow. Ford is somewhat behind in the realm of electromobility, as competitors have already made significant strides. The company remains hopeful for strong sales figures for its new electric vehicle, though the broader electric car market has experienced sluggish growth recently.

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1. Ford's future in electromobility includes a series production of two electric models in Cologne, Germany, with an investment of approximately two billion euros.
2. The upcoming Tuesday marks the commencement of Ford's series production of its first electric car in Europe, which will be manufactured at the Cologne plant, where Ford engine vehicles like the Ford Fiesta have been produced since 1930.
3. Being slightly behind its competitors in the realm of electromobility, Ford aims to make up to 250,000 electric cars annually at its Cologne plant, with the initial model launching in Europe, followed by another model.
4. The future of Ford in Europe includes expanding its electric vehicle lineup in North Rhine-Westphalia, Germany, where the company's Cologne plant will also execute series production for a compact off-road vehicle, contributing to the larger electric car market in Europe.
5. With the installation of a new battery standard, Ford's plans for series production of its electric car in Europe were delayed from September 2021, but the company remains optimistic regarding strong sales figures for its new electric vehicle, striving to catch up to competitors in the electric car market.

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