Ford committed that 100% of its passenger-vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid by mid-2026 and will be completely all-electric by 2030. Similarly, Ford’s entire commercial-vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid by 2024, with two-thirds of its commercial-vehicle sales expected to be all-electric or plug-in hybrid by 2030. Spearheading Ford’s advance into an all-electric future is a new $1 billion investment to modernize its vehicle assembly facility in Cologne, Germany, the home of Ford of Europe. The investment will transform the existing vehicle assembly operations into the Ford Cologne Electrification Center for the manufacture of electric vehicles, the company’s first such facility in Europe.

Ford also confirmed that its first European-built, volume all-electric passenger vehicle for European customers will be produced at the facility from 2023, with the potential for a second all-electric vehicle built there under consideration.