Ford will release seven new electric cars in Europe by 2024. The lineup of models will be headed by a crossover based on Volkswagen's MEB platform.
Three of the seven cars will be produced under Ford's new Model E division, which is dedicated specifically to the company's battery business. The Ford Blue division is responsible for producing cars with internal combustion engines.
The first model will be a mid-size crossover and based on the Volkswagen ID 4. It will be assembled in a new production center in Cologne, Germany. The launch is planned for 2023.
The second electric car will be in a «sports crossover» format, so the focus will be on coupe performance. It is planned to be based on the Volkswagen ID 5 in 2023.
Ford's new lineup of electric cars will include the Ford Puma EV — it will go out as a separate model and will be available for purchase in 2024.
To focus all of the company's power on the cars of the future, Ford will phase out production in the Ford Ecosport division as early as the end of this year.