With a hefty investment of $50 billion, Ford is aiming to quickly ramp up its EV production over the coming years, doubling its current capacity and reaching 600,000 units in 2024 before ballooning to two million by 2026. The automaker previously revealed that this figure will include 270,000 Ford Mustang Mach-E crossovers, 150,000 Ford F-150 Lightning pickups, and 150,000 E-Transit vans, but the remaining 30,000 units were a bit of a mystery – until now, that is, because Ford North America Product Communications director Mike Levine recently tweeted that a future Ford EV will make up that difference.
— Mike Levine (@mrlevine) November 8, 2022
While it hasn’t been revealed yet, this future Ford EV model is a five-seat mid-size crossover with a range of 500 kilometers (310 miles) destined for Europe. Back in March, Ford revealed its plans to build this new vehicle, as well as a “sport” crossover, which will make up two of seven all-electric vehicles destined to be on sale in that region by 2024. Both of these new crossovers are expected to ride on Volkswagen’s MEB platform, a byproduct of the partnership forged between the two automakers back in 2020.
These MEB-based crossovers are expected to be produced at the Cologne Assembly plant in Germany, which is currently being covered for the production of all-electric vehicles and will be known as the Cologne Electrification Center moving forward. There, it could very well replace production of the Ford Fiesta, which has been canceled, as Ford Authority reported in October.
Interestingly, however, this 600k unit figure excludes the recently-revealed E-Transit Custom and other electrified Transit variants, which means that Ford many not anticipate producing any significant quantity of those models by 2024, or it’s also possible that the automaker could revise that figure upward in the future.