Ford to build an electric SUV and hybrid Mustang

Ford has revealed details of seven new electrified vehicles it plans to launch over the next five years – along with a further six which are yet to be revealed.

The new models include a hybrid version of the iconic Mustang, combining the current 5.0-litre V8 engine with an electric motor to produce “even more low-end torque,” says the company.

Ford will also be launching an all-new fully electric small SUV, engineered to deliver a range of at least 300 miles. It will be launched by 2020 – the same time Volkswagen plans to introduce its fully-electric I.D. VW says its new model will give a range of around, you guessed it, 300 miles.

The new all-electric Ford will be sold across North America, Europe and Asia, and built at the firm’s Flat Rock Assembly Plant in Michigan – where the carmaker has announced today $700 million is being invested to create 700 jobs and build high-tech autonomous and electric vehicles.

Ford to build an electric SUV and hybrid Mustang

The investment follows the news that Ford has axed plans to invest $1.6 billion in a new plant in Mexico.

The US giant has also announced a hybrid version of the F-150 pick-up – currently a huge seller in the USA – along with a Transit Custom plug-in hybrid available in Europe from 2019.

“As more and more consumers around the world become interested in electrified vehicles, Ford is committed to being a leader in providing consumers with a broad range of electrified vehicles, services and solutions that make people’s lives better,” said Ford president and CEO, Mark Fields.

“Our investments and expanding lineup reflect our view that global offerings of electrified vehicles will exceed gasoline-powered vehicles within the next 15 years.”

Other future electric cars outlined today by Ford include a high-volume autonomous car designed for Uber-like ride hailing and sharing services set to debut in 2021. It will also be launching two new pursuit-rated hybrid police vehicles.