Ford ups electric push in China as Beijing transforms market
At least 30 percent of the new vehicles Ford will roll out in China by 2025 will be electric, with Beijing pushing hard to improve air quality for people living in smoke-choked cities.
The Detroit automaker said Tuesday that the 15 new electric vehicles, part of the 50 new vehicles it is introducing to China's massive market in the next 18 years, will be Lincolns and Fords. Its joint venture with Anhui Zotye Automobile, announced last month, will produce a separate range of electric vehicles under a new brand.
China has the world's most aggressive government plans to promote electric cars. It's stepped up pressure on automakers to accelerate development of electric cars by raising the first-year target for a planned system of production quotas.